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IPFS News Link • Lawsuits

Alex Jones Files For Chapter 11 Bankruptcy In Texas

• https://www.zerohedge.com, by Tyler Durden

According to the Chapter 11 filing, which was filed on Wednesday but made public on Friday, Jones estimates his assets to be worth between $1 and $10 million, and his liabilities to be over $1 billion. He lists between 50 and 99 creditors that he owes.

In October Jones was ordered to pay $965 million to victims' families for claiming that the 2012 massacre was a hoax. In a separate lawsuit, Jones was ordered to pay $45.2 million - after which Connecticut Judge Barbara Bellis in November that Jones should pay an extra $473 million, which includes plaintiff's legal fees and $150 million for violations of the Unfair Trade Practices Act, which prohibits businesses from profiting by deceptive or fraudulent means.

Jones' listed creditors include Robert (Robby) Parker, a Sandy Hook parent who was awarded $120,000,000, William Aldenberg at $90,000,000, and Ian Hockley, who was awarded $81,600,000. The list of plaintiffs continues, all the way down to American Express, which was awarded $150,000. All judgements are marked as "disputed."


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