Alex Jones Granted Permission to Liquidate Personal Assets to Pay Sandy Hook Defamation Verdicts

Alex Jones Granted Permission to Liquidate Personal Assets to Pay Sandy Hook Defamation Verdicts

In a significant development, a federal bankruptcy judge has granted Alex Jones, the controversial conspiracy theorist, permission to liquidate his personal assets to help pay the substantial debt owed to the families of Sandy Hook Elementary School shooting victims. The ruling comes in response to Jones’ request to convert his bankruptcy filing into a Chapter 7 liquidation.

However, Judge Christopher Lopez of the Southern District of Texas dismissed the separate bankruptcy case for Jones’ media company, Free Speech Systems, which operates Infowars. This decision effectively allows Jones to continue broadcasting his show, but the future of Infowars remains uncertain.

The families who sued Jones were awarded a combined $1.5 billion in damages in lawsuits filed in Connecticut and Texas. They claimed that Jones defamed them and caused emotional distress by repeatedly suggesting on his show that the Sandy Hook massacre, where a gunman killed 20 first-grade children and six adults in 2012, was a hoax.

During the court proceedings, the Connecticut and Texas families clashed over whether Free Speech Systems’ Chapter 11 bankruptcy filing should be converted into a Chapter 7 liquidation. The Connecticut families favored liquidation, while the Texas families preferred the dismissal of the bankruptcy case.

Judge Lopez acknowledged the complexity of the case and ultimately decided that dismissing the company’s bankruptcy case was in the best interest of the creditors and the estate. He appointed an interim trustee to guide the process of converting Jones’ personal Chapter 11 bankruptcy filing into a Chapter 7 liquidation, which allows the trustee to oversee and sell Jones’ assets, including his $2.8 million Texas ranch.

The Sandy Hook families accused Jones of engaging in “erratic behavior” and attempting to divert assets from Free Speech Systems to support his future business operations. They urged the judge to install a permanent trustee to safeguard assets and prevent further value destruction.

Alex Jones.

Christopher Mattei, a lawyer for the Connecticut families, stated that the ruling gives them the authority to “move immediately to collect against all Infowars assets.” He emphasized that Jones and Infowars cannot pay the entire debt, so the assets will be used to pay a portion of what he owes, and they will pursue any future income Jones may earn to satisfy the rest.

The decision marks a significant step in holding Alex Jones accountable for his actions and providing some measure of justice to the families affected by his misleading and hurtful statements regarding the Sandy Hook tragedy. As the liquidation process unfolds, the extent to which Jones can fulfill his financial obligations to the victims’ families will become clearer.

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