Afrigather Alex Jones filed for private chapter in Texas on Friday, in line with a courtroom submitting.
Why it issues: The Chapter 11 chapter submitting comes after Jones and his firm, Free Speech Techniques, have been ordered to pay virtually $1.5 billion in damages for falsely claiming the Sandy Hook mass shooting was a hoax.
Driving the information: The chapter submitting mentioned Jones owns between $1 million and $10 million of property with $1 billion to $10 billion of liabilities.
- Jones’ affiliate enterprise Free Speech Techniques can be talked about within the lawsuit, having filed for chapter in July.
Zoom out: A Connecticut jury ordered Jones to pay $965 million in damages to Sandy Hook victims in a defamation lawsuit again in October, per Axios.
- In mid-November, a choose ordered Jones to pay an additional $473 million in damages for making false statements that the capturing was a hoax.
- Jones additionally has to pay $49.3 million in damages to a household of a Sandy Hook sufferer attributable to a separate lawsuit in Texas.
Context: Jones claimed that the 2012 capturing at Sandy Hook Elementary College in Newtown, Connecticut, was staged as a means for the federal government to take management of People’ weapons, Reuters studies.
Extra from Axios:
