Breaking News
Get Actionable Insights with InvestingPro+: Start 7 Day FREE Trial Register here
Investing Pro 0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Sandy Hook parents seek to stop InfoWars bankruptcy payments to Alex Jones

Stock Markets Aug 03, 2022 08:41PM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
2/2 © Reuters. FILE PHOTO: Alex Jones attempts to answer questions about his emails asked by Mark Bankston, lawyer for Neil Heslin and Scarlett Lewis, during trial at the Travis County Courthouse, Austin, Texas, U.S., August 3, 2022. Briana Sanchez/Pool via REUTERS/Fil 2/2

By Dietrich Knauth

(Reuters) - Parents of children killed in the 2012 Sandy Hook school massacre urged a U.S. bankruptcy judge on Wednesday not to allow the parent company of far-right website InfoWars to send any money to its founder, conspiracy theorist Alex Jones, or his companies until they have an opportunity to get to the bottom of InfoWars' finances.

As a jury deliberates in Austin, Texas, over how much Jones must pay two parents for his false claims that the deadly shooting was a hoax, families of Sandy Hook victims who have sued Jones for defamation in that trial and others who have sued in Connecticut warned a bankruptcy judge in Houston that Jones might continue to pull assets from InfoWars parent company Free Speech Systems LLC while using its bankruptcy case to avoid paying court judgments in the defamation cases.

Marty Brimmage, an attorney for the Sandy Hook parents, told U.S. Bankruptcy Judge Christopher Lopez in Houston on Wednesday that Jones had told his audience that the bankruptcy would "tie up" any defamation judgment for years.

Judges in the Texas and Connecticut cases have already found Jones liable for defamation. The parents in the Texas trial are seeking a judgment of $150 million.

Jones testified Wednesday in Austin, admitting that the Sandy Hook shooting was real and that it was "crazy" of him to call it a hoax. The jury has begun deliberations.

The company's attorneys told the bankruptcy judge on Wednesday that they were only making a "boring" request for permission to make routine payments on debts during the first weeks of its Chapter 11. The company filed for bankruptcy last Friday.

But the Sandy Hook families said the company could not be trusted to make accurate statements about its finances. They also allege that Jones took $62 million from the company while burdening it with $65 million in "fabricated" debt owed to PQPR Holdings, a company owned by Jones and his parents.

Lopez approved a two-week budget that would allow the company to pay its bills, but he limited the amount it could pay Jones and the company's consultants during that period.

Sandy Hook parents seek to stop InfoWars bankruptcy payments to Alex Jones
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (8)
Tre Hsi
Tre Hsi Aug 05, 2022 11:04AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
"Parents of children killed in the 2012 Sandy Hook school massacre urged a U.S. bankruptcy judge on Wednesday not to allow the parent company of far-right website InfoWars to send any money to its founder, conspiracy theorist Alex Jones, or his companies until they have an opportunity to get to the bottom of InfoWars' finances."  -- pretty amateur attempt to hide his money from the lawsuit, Alex Jones really need to hire better accountant (and lawyer).......
Brad Albright
Brad Albright Aug 05, 2022 8:54AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
You can yell fire in a crowded theatre if there is a fire. Falsely yelling fire to cause suffering is not protected speech.
gab nea
gab nea Aug 04, 2022 4:04PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
what is going on with the republicans and their supporters constantly lying? didnt their mother wash their mouths out with soap when they lied , or gave them a treat?
Brad Albright
Brad Albright Aug 04, 2022 8:20AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Another right wing lying POS. Who would have guessed?
Spencer Man
Spencer Man Aug 03, 2022 10:24PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
What a joke this case isIf Alex Jones doesn't have freedom of speech no one does. Very sad Dems have transformed this country into a shithole.
gab nea
gab nea Aug 03, 2022 10:24PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
liars should not succeed period. liars can go to ******* unchristian!
Brad Albright
Brad Albright Aug 03, 2022 10:24PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
You seem to know little about US jurisprudence.
Mad Money
Mad Money Aug 03, 2022 10:09PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Make him pay
carlos guo
carlos guo Aug 03, 2022 10:09PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
For what, a crime committed in a blue state?
Tre Hsi
Tre Hsi Aug 03, 2022 10:09PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
carlos guo  Texas is a blue state now?
Richard Sutton
Richard Sutton Aug 03, 2022 8:11PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Who paid for the parents lawyer?
Brad Albright
Brad Albright Aug 03, 2022 8:11PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
The cabal, I'm sure.
carlos guo
carlos guo Aug 03, 2022 7:55PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Imagine if the left was held accountable for their lies against the right? The courts would be unable to handle all the cases. And imagine if the media was not spending their time trying to push stories like this to the front page instead of covering real crimes of Hunter Biden, some involving minors and others involving his father.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email