{"id":27903,"date":"2024-06-16T05:17:06","date_gmt":"2024-06-16T09:17:06","guid":{"rendered":"https:\/\/worldjusticenews.com\/news\/?p=27903"},"modified":"2024-06-16T05:18:03","modified_gmt":"2024-06-16T09:18:03","slug":"alex-jones-assets-liquidated-to-pay-sandy-hook-debt","status":"publish","type":"post","link":"https:\/\/worldjusticenews.com\/news\/2024\/06\/16\/alex-jones-assets-liquidated-to-pay-sandy-hook-debt\/","title":{"rendered":"Alex Jones assets liquidated to pay Sandy Hook debt"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\"><b class=\"ssrcss-1xjjfut-BoldText e5tfeyi3\">A judge ordered the liquidation of Infowars host Alex Jones&#8217; personal assets, clearing the way for potential payouts to families of the victims of the 2012 Sandy Hook mass shooting.<\/b><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">However, US Bankruptcy Judge Christopher Lopez ruled against a liquidation of Mr Jones\u2019 company Free Speech Systems, which owns the Infowars brand.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Relatives of the victims have won a total of $1.5bn (\u00a31.2bn) in defamation judgements against Mr Jones and his company over his false statements about the attack.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The liquidation will force the sale of Mr Jones&#8217;s assets &#8211; including a multimillion-dollar ranch,\u00a0<a class=\"ssrcss-f6h2dj-InlineLink e1kn3p7n0\" href=\"https:\/\/www.bbc.com\/news\/world-us-canada-64644080\" target=\"_blank\" rel=\"noopener\">other properties, cars, boats and guns.<\/a><\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">According to recent court filings, Mr Jones has around $8.6m in personal assets.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The ruling on Friday in Houston, Texas, means that for now, Free Speech Systems and Infowars will continue to operate.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">According to court filings, Free Speech Systems employs 44 people and made nearly $3.2m in revenue in one recent month, mostly from selling dietary supplements and other items.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Families of the victims were divided on whether the corporate bankruptcy should be thrown out or also changed to a liquidation procedure.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The decision does not remove Free Speech Systems&#8217; liability, and the plaintiffs in the defamation cases will be able to pursue the damages they are owed in state courts or through further bankruptcy hearings.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;There&#8217;s no easy or right answer here,&#8221; Judge Lopez said, at times sounding deeply emotional as he delivered his decision. \u201cI think creditors are better served in pursuing their state court rights.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">One of the attorneys for the families said they would move quickly to collect damages.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">\u201cThe court authorized us to move immediately to collect against all Infowars assets, and we intend to do exactly that,\u201d Christopher Mattei said in a statement Friday. &#8220;Alex Jones is neither a martyr nor a victim. He is the perpetrator of the worst defamation in American history.&#8221;<\/p>\n<ul>\n<li>\n<p class=\"ssrcss-15dlehh-PromoHeadline exn3ah96\"><a href=\"https:\/\/www.bbc.com\/news\/uk-england-bristol-64758113\" target=\"_blank\" rel=\"noopener\"><span aria-hidden=\"false\">The ex-conspiracy theorist fighting misinformation<\/span><\/a><\/p>\n<\/li>\n<li class=\"ssrcss-r2yl4r-PromoItem e3eyuya1\">\n<div class=\"ssrcss-nw19pv-Promo e1vyq2e80\" data-testid=\"promo\">\n<div class=\"ssrcss-1enzf19-PromoCompact e18gnqux0\">\n<div class=\"ssrcss-1d68cot-PromoContent exn3ah99\">\n<div class=\"ssrcss-1f3bvyz-Stack e1y4nx260\">\n<p class=\"ssrcss-15dlehh-PromoHeadline exn3ah96\"><a href=\"https:\/\/www.bbc.com\/news\/blogs-trending-39194035\" target=\"_blank\" rel=\"noopener\"><span aria-hidden=\"false\">Alex Jones and Infowars: How Sandy Hook families fought back<\/span><\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Following the December 2012 attack on Sandy Hook Elementary School in Newtown, Connecticut, Mr Jones and guests on his broadcasts repeatedly called into question whether the massacre actually occurred, floating conspiracy theories about whether the murders were faked or carried out by government agents.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Twenty young children and six school staff were killed in the attack.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">At one point Mr Jones called the attack \u201ca giant hoax\u201d and in 2015 he said: &#8220;Sandy Hook is a synthetic, completely fake with actors, in my view, manufactured\u2026 I knew they had actors there clearly, but I thought they killed some real kids, and it just shows how bold they are, that they clearly used actors.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Mr Jones has since acknowledged that the Sandy Hook killings occurred.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Following the broadcasts, victims of the families were harassed online and in person by Infowars viewers. The families filed defamation lawsuits in Connecticut and Texas, and their legal victories resulted in Mr Jones and Free Speech Systems declaring bankruptcy.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Friday\u2019s hearing was over whether those bankruptcy cases would be converted from Chapter 11 to Chapter 7, a portion of US bankruptcy law that allows straightforward liquidation rather than more complicated financial restructuring.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">On recent broadcasts and on his social media accounts, Mr Jones has continued to rail against the US justice system and claim that there is a government plot to silence him.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">He has repeatedly warned that he is about to be taken off the airwaves, although US free speech laws mean he would be free to set up a new company and continue broadcasting even if his company were to be liquidated.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">\u201cWe just dodged a bullet, praise Jesus,\u201d Mr Jones said while broadcasting on Infowars after the hearing. \u201cI would have been off the air today if the judge hadn\u2019t done the right thing. We live to fight another day.\u201d<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">During the hearing, lawyers for the families claimed that the conspiracy theorist was attempting to reduce the value of his company \u2013 for instance by urging listeners to buy products from a company owned by his father rather than directly from Infowars.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But Mr Jones\u2019 lawyers countered by arguing that in recent weeks, the company had seen record sales.<\/p>\n<p>Source: <a href=\"https:\/\/www.bbc.co.uk\/news\/articles\/cj55v57v2z2o\" target=\"_blank\" rel=\"noopener\">bbc.co.uk<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\">A judge ordered the liquidation of Infowars host Alex Jones&#8217; personal assets, clearing the way for potential payouts to families of the victims of the 2012 Sandy Hook mass shooting. However, US Bankruptcy Judge Christopher <a class=\"mh-excerpt-more\" href=\"https:\/\/worldjusticenews.com\/news\/2024\/06\/16\/alex-jones-assets-liquidated-to-pay-sandy-hook-debt\/\" title=\"Alex Jones assets liquidated to pay Sandy Hook debt\">[&#8230;]<\/a><\/div>\n","protected":false},"author":1,"featured_media":22984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","footnotes":""},"categories":[109,2,3],"tags":[8110,5776,645,1023,10436,10437,5336,8479,5213,2316,8843,2317,147],"class_list":{"0":"post-27903","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headline","8":"category-news","9":"category-usa","10":"tag-alex-jones","11":"tag-bankruptcy","12":"tag-connecticut","13":"tag-defamation","14":"tag-disinformation","15":"tag-free-speech-systems","16":"tag-houston","17":"tag-infowars","18":"tag-mass-shooting","19":"tag-newtown","20":"tag-sandy-hook-elementary-school","21":"tag-school-shooting","22":"tag-texas","23":"pmpro-has-access"},"_links":{"self":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts\/27903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/comments?post=27903"}],"version-history":[{"count":1,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts\/27903\/revisions"}],"predecessor-version":[{"id":27904,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/posts\/27903\/revisions\/27904"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/media\/22984"}],"wp:attachment":[{"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/media?parent=27903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/categories?post=27903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/worldjusticenews.com\/news\/wp-json\/wp\/v2\/tags?post=27903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}