Business Standard

Friday, January 03, 2025 | 01:56 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Alex Jones' Infowars files for bankruptcy amid Sandy Hook lawsuits

Each estimated liabilities of as much as $10 million, according to court filings. Chapter 11 filings allow a business to keep operating while working on a turnaround plan

Alex Jones' Infowars files for bankruptcy amid Sandy Hook lawsuits
Premium

Rachel Butt and Jeremy Hill | Bloomberg
Companies tied to far-right radio host Alex Jones filed for bankruptcy in an effort to settle litigation brought by relatives of children killed in the 2012 Sandy Hook massacre. 

Three entities, including one that holds the rights to website Infowars, sought Chapter 11 protection in Victoria, Texas, on Sunday. Each estimated liabilities of as much as $10 million, according to court filings. Chapter 11 filings allow a business to keep operating while working on a turnaround plan and pause pending civil litigation. 

Lawyers set up a trust that would pay people suing the companies, and Jones handed over his equity in the
Topics : Bankruptcy

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in