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Texas Court Places Infowars’ Parent in Receivership to Fund Sandy Hook Judgments

It revives sale efforts by empowering a state-court receiver to liquidate Infowars assets to satisfy a $1 billion-plus defamation judgment.

Overview

  • Judge Maya Guerra Gamble ordered Free Speech Systems handed over to a court-appointed receiver to begin asset liquidation for the Sandy Hook families.
  • The move revives The Onion’s bid to acquire Infowars and its associated websites after a federal bankruptcy judge halted a prior sale.
  • Attorneys for the Sandy Hook victims praised the ruling as a vital step toward enforcing more than $1 billion in defamation damages.
  • Alex Jones has yet to pay any of the judgment and said he plans to continue broadcasting under a different brand if Infowars shuts down.
  • The receiver will have broad authority to secure premises, manage digital accounts and seek law enforcement assistance as bidding disputes proceed.