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RE: LeoThread 2024-12-04 16:59

in LeoFinance8 days ago

Part 4/8:

Despite these rulings, Jones attempted to evade responsibility by declaring bankruptcy. However, a judge ruled against him, highlighting that the damages from willful torts, like defamation, were non-dischargeable through bankruptcy proceedings. This meant Alex Jones would remain burdened by his debts for the foreseeable future.

From Bankruptcy to The Onion's Bid

As the bankruptcy proceedings continued, interest in acquiring Infowars grew. Following a two-stage auction process organized by a court-appointed trustee, The Onion made their bold move. They teamed up with the Sandy Hook families to place a joint bid, outmaneuvering other interested parties, including individuals connected to conservative media. Ultimately, their bid was accepted and set to close by November 30, 2024.