A bankruptcy judge is set to hear arguments Monday in conspiracy theorist Alex Jones ’ effort to stop the satirical news outlet The Onion from buying Infowars and turning it into a parody.
Jones alleges fraud and collusion marred the bankruptcy auction in which The Onion was named the winning bidder on Nov. 14 over a company affiliated with him.
It’s not clear how soon U.S. Bankruptcy Judge Christopher Lopez in Houston will issue a ruling. He could allow The Onion to move forward with the sale, order a new auction or name the other bidder as the winner. At stake is whether Jones gets to stay at Infowars’ studio in Austin, Texas, under a new owner friendly to him, or whether he gets kicked out by The Onion.
Judge is going to void the sale to The Onion and allow Elon/X to purchase for cheap. Elon gives it right back to Jones. BAU.
It has to go to the highest bidder, and the Sandy Hook parents have all the leverage. $1.4B in leverage.
They can forfeit the entire settlement and sell Infowars to The Onion for $1 if they want to, and that would meet 100% of the settlement. Musk would have to bid $1.4B+1 without the Sandy Hook parents forfeiting a dime if he wants to buy Infowars, and then 100% of that cash goes into the pockets of the Sandy Hook parents who can and will sue again if Infowars says anything defamatory about them or their children ever again.
Yeah, I have no faith in the legal system at this point. It’s really clear they’ll sign off on whatever the right wing wants. It’s ridiculous that he’s spent years thumbing his nose at the legal process, and is continued to allow to do so.