The far-right InfoWars site on Sunday filed for voluntary Chapter 11 bankruptcy in U.S. Bankruptcy Court for the Southern District of Texas, facing multiple defamation lawsuits.
Chapter 11 bankruptcy proceedings put a stop to all civil litigation and allow companies to prepare reorganization plans while remaining operational.
InfoWars founder Alex Jones was found liable for damages in three lawsuits filed last year after he falsely claimed the 2012 Sandy Hook school shooting was a hoax.
Jones claimed the shooting, in which 20 children and six school workers were shot dead at the school in Newtown, Connecticut, was fabricated by gun control advocates and the mainstream media. audience.
In March, the Sandy Hook families rejected Jones’ offer to settle their libel lawsuit and reopened the case. Jones had offered to pay $120,000 to each of the 13 plaintiffs.
Each of the plaintiffs declined the settlement offer in court papers, saying, “The so-called offer is a transparent and desperate attempt by Alex Jones to evade public trial under oath with his deceitful, for-profit campaign against the plaintiffs and the memory of their loved ones lost at Sandy Hook.
According to Sunday’s court documents, InfoWars listed his estimated assets between $0 and $50,000 and his estimated liabilities between $1 million and $10 million.
Jones, a staunch supporter of Donald Trump, had previously been subpoenaed by the House of Representatives committee investigating the January 2021 attack on the US Capitol by Trump supporters.