The transfer, which may pause civil litigation in opposition to the businesses, comes after Jones was discovered legally accountable for damages in three defamation lawsuits associated to false claims he made in regards to the 2012 Sandy Hook mass taking pictures.
“Alex Jones is just delaying the inevitable: a public trial in which he will be held accountable for his profit-driven campaign of lies against the Sandy Hook families who have brought this lawsuit,” Mattei mentioned in a press release.
The paperwork filed on Sunday within the US Bankruptcy Court for the Southern District of Texas sought bankruptcy protection for Infowars and Prison Planet, one other one in all Jones’ right-wing shops. Jones additionally sought bankruptcy protection for Infowars Health, the shop from which Jones has hawked dietary dietary supplements and different merchandise. The sort of bankruptcy submitting the corporate made is one that might permit it to remain in enterprise. Many corporations have used bankruptcy to proceed to function whereas shedding debt and different liabilities they cannot afford, together with authorized judgments in some circumstances.
The Infowars retailer has been notably profitable. In a 2019 deposition, Jones’ father, who operated a lot of the enterprise, estimated “something like 80 percent” of income was “probably” from Infowars retailer gross sales. Citing courtroom paperwork, the Huffington Post reported in 2022 that over a 3 12 months interval from 2015 to 2018, the Infowars retailer did $165 million in gross sales.
In the courtroom paperwork filed Sunday, packing containers had been checked off indicating that the estimated property for Infowars and Prison Planet are lower than $50,000 and their estimated liabilities are between $1 million and $10 million. Boxes checked off within the doc for Infowars Health put estimated property for that firm between $500,000 and $1 million and estimated liabilities starting from $1 million to $10 million.
Jones has been notably uncooperative as he has been sued. A Texas decide issued default judgments in opposition to him for not complying with courtroom orders in October. And in November, a Connecticut decide did the identical.
Mark Bangston, an lawyer representing the dad and mom of two Sandy Hook kids in a Texas lawsuit, advised NCS in an e mail, “None of the Mr. Jones’ ridiculous tricks have worked in the past, and this one will fare no better.”