A federal judge on Friday ordered the liquidation of conspiracy theorist Alex Jones′ personal assets but dismissed his company’s separate bankruptcy case, leaving the immediate future of his Infowars media platform uncertain as he owes $1.5 billion for his false claims that the Sandy Hook Elementary School shooting was a hoax.
Judge Christopher Lopez approved converting Jones’ proposed personal bankruptcy reorganization to a liquidation. But Lopez threw out the case of his company, Austin, Texas-based Free Speech Systems, after failed attempts by Jones to reach an agreement with Sandy Hook families on his proposals to reorganize and keep operating the company while paying them millions of dollars.
It wasn’t immediately clear what will happen in the coming weeks to Free Speech Systems, Infowars’ parent company, which Jones built into a multimillion-dollar moneymaker over the past 25 years by selling dietary supplements and other products.
But both Jones and lawyers for the Sandy Hook families said they expect Infowars to cease operating at some point because of the huge debt.
A trustee appointed Friday in Jones’ personal bankruptcy case to oversee the liquidation now has control over his assets, including Infowars, according to lawyers for Sandy Hook families.
Dismissal of Free Speech Systems’ case means the families can now move immediately to collect on the $1.5 billion in state courts in Texas and Connecticut where they won defamation lawsuits against Jones and the company. It’s possible Infowars will continue operating during the collection efforts, which could include selling off the company’s assets.
