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Entertainment Alex Jones' Company Files for Bankruptcy as Trial to Determine Damages Due Sandy Hook Families Gets Underway

07:11  31 july  2022
07:11  31 july  2022 Source:   thewrap.com

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Conspiracy theorist Alex Jones' primary company, Free Speech Systems, filed for bankruptcy protection on Friday, just as a trial is set to begin to determine how much the "Info Wars" host will have to pay in damages to the families of two Sandy Hook Elementary School victims who sued and won a default judgment against him.

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Jones' attorney in the defamation case, Federico Andino Reynal, said the bankruptcy filing should not impact the trial, which will continue on Monday.

As of May 31, Free Speech Systems listed assets of $14.3 million, including $1.16 million in cash and almost $1.6 million in property, according to USA Today. However, in the bankruptcy filing, it also listed $79 million in liabilities, including a $54 million debt owed to PQPR Holdings.

Alex Jones' defamation trial finally set to begin in Texas

  Alex Jones' defamation trial finally set to begin in Texas AUSTIN, Texas (AP) — Jury selection is set for Monday in a trial that will determine for the first time how much Infowars host Alex Jones must pay Sandy Hook Elementary School parents for falsely telling his audience that the deadliest classroom shooting in U.S. history was a hoax. The trial in Austin, Texas — where the conspiracy theorist lives and broadcasts his show — follows months of delays. Jones has racked up fines for ignoring court orders and he put Infowars into bankruptcy protection just before the trial was originally set to start in April.

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Alex Jones' InfoWars Files for Chapter 11 Bankruptcy in Face of Sandy Hook Lawsuits

In the face of legal challenges, including defamation lawsuits filed after the right-wing media personality called the 2012 Connecticut school shooting that killed 26 people — including 20 children between 6 and 7 years old, and six adult staff members — a hoax, InfoWars and two other companies owned by Jones previously filed for Chapter 11 bankruptcy in April.

Chapter 11 has paused all civil lawsuits until the companies have time to reorganize financially. Jones has also been accused of moving assets between companies to hide them from claimants.

Jones also filed a complaint Thursday against his own company, which could further delay proceedings in the Connecticut trial. It's unclear how - or if - the latest filings would impact matters when the jury decides on damages.

Testimony to start in Alex Jones' Sandy Hook damages lawsuit

  Testimony to start in Alex Jones' Sandy Hook damages lawsuit AUSTIN, Texas (AP) — A Texas jury will hear the first testimony Tuesday in a civil lawsuit to decide how much Infowars host and conspiracy theorist Alex Jones must pay Sandy Hook Elementary School parents for falsely telling his audience that the deadliest classroom shooting in U.S. history was a hoax. At stake for Jones is a potentially major financial blow that could put his constellation of conspiracy peddling businesses into deeper jeopardy. He has already been banned from YouTube, Facebook and Spotify over violating hate-speech policies. The trial involving the parents of two Sandy Hook families is only the start for Jones.

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"Just two days before jury selection is due to begin in Connecticut, Mr. Jones has once again fled like a coward to bankruptcy court in a transparent attempt to delay facing the families that he has spent years hurting," Christopher Mattei, an attorney representing some of the Sandy Hook families in Connecticut, told CNN Business. "These families have an endless well of patience and remain determined to hold Mr. Jones accountable in a Connecticut court."

Mark Bankston, the lawyer for two Sandy Hook families, has asked the jury to award his clients $150 million in damages.

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Steve Bannon Calls Alex Jones One of the Greatest Political 'Thinkers' Since the 'Revolutionary Generation'

United States. Conspiracy Alex Jones ordered to pay $ 4.1 million .
© Win McNamee / Getty Images North America / AFP Alex Jones will have to pay more than four million dollars to parents of a 6 -year -old boy killed during the Sandy Hook shooting in 2012. Adept of conspiracy theories, the American Alex Jones, who denied the reality of the Sandy Hook elementary school killing in 2012, was ordered to pay more than $ 4 million to the parents of one of the victims. Other sanctions should follow.

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