Alex Jones to liquidate assets to pay off $1.5B Sandy Hook judgment
Media Industry,Alex Jones,Sandy Hook School Shooting,Infowars,Defamation
Alex Jones will liquidate his assets to help pay off a $1.5 billion defamation judgment against him after he was sued by the families of the children who died in the Sandy Hook school shooting for saying that the massacre was a hoax.
Jones, the host of the popular Infowars site, has asked a US judge to convert his bankruptcy into a Chapter 7 liquidation, giving up on an effort to settle the judgments related to his lies about the 2012 Sandy Hook Elementary School massacre.
Jones believes that “there is no reasonable prospect of a successful reorganization” of his debts, most of which stem from $1.5 billion awarded in defamation lawsuits, his attorneys said in a court filing late on Thursday.
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