“Infowars host Alex Jones asks to convert bankruptcy to a Chapter 7 liquidation”
“Courts have ordered Jones to pay $1.5 billion to the relatives of 20 students and six staff members killed in the 2012 attack at Sandy Hook Elementary School.
NEW YORK — Conspiracy theorist Alex Jones has asked a U.S. judge to convert his bankruptcy into a Chapter 7 liquidation, giving up on an effort to settle massive legal 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. A Chapter 7 liquidation would not allow Jones to escape paying the legal judgments, but it offers a streamlined procedure for selling his assets under the supervision of a court-appointed trustee.
Courts in Texas and Connecticut have ordered Jones to pay $1.5 billion to the relatives of 20 students and six staff members killed in the 2012 mass shooting at Sandy Hook Elementary School in Newtown, Connecticut."
