Alex Jones bankruptcy and legal judgments
Radio host Alex Jones is seeking to convert his bankruptcy into a Chapter 7 liquidation due to massive legal judgments related to his comments about the 2012 Sandy Hook Elementary School massacre.
Key Points
- Jones facing $1.5 billion in defamation lawsuits related to his comments about the Sandy Hook massacre.
- Chapter 7 liquidation does not discharge most of the defamation verdicts due to 'willful and malicious injury.'
- Jones may no longer own Infowars as a result of these legal challenges.
Pros
- Chapter 7 liquidation offers a streamlined procedure for selling personal assets under court supervision.
Cons
- Jones will not be able to escape paying the legal judgments through Chapter 7 liquidation.