Infowars to Shut Down and Sell Off Assets Amid Bankruptcy Proceedings

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A bankruptcy court trustee announced Sunday that Alex Jones’s online outlet Infowars will be shut down and sold off, citing plans to wind-up its operations and liquidate its assets. Trustee Christopher Murray filed an “emergency” motion in a Houston court, seeking to halt efforts by the families of Sandy Hook victims to collect their due debts from Jones, who is liable for $1.5 billion in judgments.

Murray claimed that such efforts could disrupt the liquidation process and potential sale of Infowars’s parent company, Free Speech Systems, which could lead to a “chaotic” and “value-destructive money grab.” He sought the court’s intervention to prevent the ” Pell-mell seizure of FSS’s assets, including its cash,” which could undermine the personal bankruptcy case.

The move comes after U.S. Bankruptcy Judge Maya Guerra Gamble approved a motion from one of the Sandy Hook families to force the transfer of certain assets away from FSS. Christopher Mattei, a lawyer representing the Sandy Hook families, expressed support for the trustee’s motion, stating that they were “disappointed” with the opposing motion and feared it would “undercut” a fair distribution of assets to all the families.

“We are precisely in the unfortunate situation that the Connecticut families hoped to avoid,” Mattei said.

Brady Knox
Brady Knox
Brady Knox is a breaking news reporter with a particular focus on Russia, Eastern Europe, and foreign affairs. Hailing from Pittsburgh, he graduated from Miami University in 2022 with a bachelor's degree in Russian, Eastern European, and Eurasian studies and political science.

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