Judge Allows Alex Jones to Liquidate Personal Assets, Dismisses Infowars Bankruptcy Case
Facts
- Infowars founder Alex Jones had his request to liquidate his personal assets approved on Friday, as US Bankruptcy Judge Christopher Lopez allowed him to convert his bankruptcy filing into a Chapter 7 liquidation.1
- He had filed for personal bankruptcy two years ago after courts in Connecticut and Texas ordered him to pay over $1B in defamation damages to the families of the students killed in the 2012 Sandy Hook Elementary School shooting, which he claimed was a government false flag.2
- The bankruptcy judge, however, has ruled against the liquidation of his media company, Free Speech Systems, allowing Infowars to continue operating, on the grounds that this would be in the best interest of creditors.3
- If the Texas-based parent company of Infowars was ordered to liquidate, Jones would lose any control of Free Speech Systems, including its assets, copyrights, and social media accounts.4
- With the company's case now dismissed, Sandy Hook families can now move to collect on the debt in state courts, where they won defamation lawsuits against Jones and Free Speech Systems.5
- His personal assets are valued at about $9M, and Jones has reportedly listed his $2.8M Texas ranch and a gun collection for sale. Sandy Hook families called for his personal X account, which has 2.3M followers, to be included as an asset.6
Sources: 1Forbes, 2Wsj, 3BBC News, 4The Post Millennial, 5Associated Press and 6National Review.
Narratives
- Pro-establishment narrative, as provided by Rolling Stone. Alex Jones has promulgated dangerous conspiracy theories and hateful rhetoric for decades, and he is finally being forced to pay for the damage he's caused. Jones has somehow managed to amass a sizable following, and his lies about the Sandy Hook massacre added even greater anguish to families who tragically lost their young children. Jones and his followers should be ashamed of themselves, and he must compensate the Sandy Hook victims in every way possible.
- Establishment-critical narrative, as provided by The Gateway Pundit. Free speech is under attack in the US — and Alex Jones is one among many to be persecuted and censored for his anti-totalitarian message. He has repeatedly acknowledged the legitimacy of the Sandy Hook shooting and has apologized for any harm his comments may have caused to the families. The legal attack on Jones has nothing to do with his comments on Sandy Hook but rather with the fact that he has exposed the deep state’s attack on our liberties.