Judge Rejects Sandy Hook Families' Settlement in Alex Jones Bankruptcy Case
The decision halts efforts to divide Alex Jones' assets and complicates the sale of his media company, Infowars.
- U.S. Bankruptcy Judge Christopher Lopez blocked a settlement proposed by Sandy Hook families to divide Alex Jones' assets, citing jurisdictional limitations.
- The settlement aimed to allocate 25% of future payments to Texas families and 75% to Connecticut families, but Lopez ruled that Free Speech Systems, Infowars' parent company, was no longer under bankruptcy proceedings.
- Lopez rejected earlier attempts to auction Infowars' assets, including a bid by The Onion, citing concerns over the auction process and its financial outcomes.
- The judge emphasized the need for finality in the bankruptcy process, directing the families to pursue their claims in state courts instead.
- Jones, who owes over $1.4 billion in defamation judgments, celebrated the ruling as a victory, while the families remain determined to enforce the judgments.