Infowars files for bankruptcy after Sandy Hook defamation lawsuits
Alex Jones' Infowars on Sunday filed an emergency request for Chapter 11 bankruptcy in the U.S. Bankruptcy Court in the Southern District of Texas, with an estimated liability of as much as $10 million.
State of play: Two other companies owned by Jones filed for bankruptcy as well, each with an estimated liability of up to $10 million. Jones was found liable for damages in a defamation lawsuit arising from his claims that the 2012 Sandy Hook school shooting was a "giant hoax."
- The companies that filed, Infowars, Infowars Health and Prison Planet TV, asked the court to reply by April 22.
- Chapter 11 bankruptcy will place a hold on civil litigation while the companies propose plans to reorganize.
Catch up fast: Jones had said that the Sandy Hook massacre was a "false flag" operation planned by "crisis actors." As a result, several families sued him for his unsubstantiated conspiracy theories.
- A trial to determine how much Jones should pay in damages to the families that sued him over his "hoax" claims has yet to take place, per Bloomberg.
Editor's note: This story has been updated with additional details.