After a weekend in which conspiracy theorist Alex Jones warned that his media company faced an imminent shutdown by the federal government because of his bankruptcy cases, a judge on Monday allowed Jones to keep operating for the next two weeks while it is decided whether his assets should be liquidated.
Infowars founder Alex Jones appears in court to testify during the Sandy Hook defamation damages trial at Connecticut Superior Court, Sept. 22, 2022, in Waterbury, Conn. Relatives of victims of the Sandy Hook Elementary School shooting are asking a bankruptcy …
U.S. Bankruptcy Judge Christopher Lopez in Houston said Monday that he will address the motion on June 14, when a decision on whether to liquidate Jones and his company’s assets is expected. The broadcasts were in response to apparent disputes between Jones, a chief restructuring officer appointed by the bankruptcy court to oversee Jones’ company and another company that supplies the nutritional supplements Jones sells on his shows, according to lawyers in the bankruptcy cases. Jones made disparaging comments about the restructuring officer over the weekend, one of the lawyers said.
Lopez, the judge, ruled that the company can continue to pay employee wages and other expenses until June 14, after asking the lawyers to “take the temperature down” in their arguments. Liquidation could mean that Jones would have to sell most of what he owns, including his company and its assets, but could keep his home and other personal belongings that are exempt from bankruptcy liquidation. Proceeds would go to his creditors, including the Sandy Hook families.
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