Bankruptcy Trustee Pursues Closure and Liquidation of Infowars to Pay Off Sandy Hook Lawsuit Judgments
ICARO Media Group
In a significant development, the U.S. bankruptcy court trustee, Christopher Murray, has filed an "emergency" motion to shut down conspiracy theorist Alex Jones' media platform, Infowars. The move comes as part of an effort to liquidate its assets and help pay the $1.5 billion in lawsuit judgments that Jones owes for repeatedly claiming that the 2012 Sandy Hook Elementary School shooting was a hoax.
Murray intends to conduct an "orderly wind-down" of Infowars' parent company and liquidate its inventory, as indicated in the motion filed on Sunday in Houston. Although a specific timetable for the liquidation was not mentioned, Jones has been vocal about expecting Infowars to operate for a few more months before facing closure due to bankruptcy.
However, Jones has expressed his determination to continue his bombastic broadcasts in some other form, possibly through social media. He has also explored the possibility of someone else buying the company and allowing him to continue his shows as an employee.
In addition to shutting down Infowars, Murray has requested U.S. Bankruptcy Judge Christopher Lopez to place an immediate hold on the Sandy Hook families' efforts to collect the substantial amount that Jones owes them. Murray argues that such collection efforts would disrupt his plans to close the parent company, Free Speech Systems (FSS), located in Austin, Texas, and sell off its assets, with a significant portion of the proceeds intended for the families.
Last Friday, attorneys representing the parents of one of the children killed in the Sandy Hook shooting, Neil Heslin and Scarlett Lewis, secured a victory in court. They obtained an order from Judge Maya Guerra Gamble in Texas, requesting FSS to hand over certain assets, including money in bank accounts, and garnish its accounts. This prompted Murray's emergency motion to maintain the integrity of the bankruptcy proceedings.
The aforementioned parents had previously won a $50 million verdict against Jones in Texas. Jones claimed that the shooting was a hoax orchestrated by crisis actors to advance gun control. Furthermore, in a separate lawsuit filed in Connecticut, Jones was ordered to pay more than $1.4 billion to other Sandy Hook families for defamation and emotional distress claims.
Murray's court filing emphasized the potential chaos that would ensue if there were a hasty seizure of FSS's assets, including its cash. He expressed concern that such actions could jeopardize his duties in Jones' personal bankruptcy case. The trustee seeks the court's intervention to prevent any value-destructive measures and allow an orderly process to unfold.
Furthermore, Murray has requested the bankruptcy judge to clarify his authority over Jones' bank accounts. In Jones' personal bankruptcy case, his ownership rights of FSS were transferred to Murray. In the meantime, Jones has continued his daily broadcasts.
The timeline for addressing Murray's motion remains uncertain, and bankruptcy lawyers representing Jones, Heslin, and Lewis have not yet provided comments on the matter.