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Sandy Hook Families

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legal2 years ago•3 min saved

"Alex Jones Offers $55 Million Settlement to Sandy Hook Families in Defamation Lawsuit"

Right-wing conspiracy theorist Alex Jones, who filed for personal bankruptcy after being ordered to pay over a billion dollars to the families of Sandy Hook shooting victims for defamation, has proposed a settlement in which the families would receive a minimum of $55 million over 10 years. In exchange, they would give up all legal claims against Jones. The proposal also includes the families receiving 70% of the money Jones raises by selling personal property not exempt from bankruptcy law. A hearing is set for the end of February to consider the proposal.

via CNN|

#alex-jones #bankruptcy #defamation

legal2 years ago•1 min saved

Alex Jones offers $55 million over 10 years to settle Sandy Hook lawsuit claims

Conspiracy theorist Alex Jones has proposed to pay $55m over 10 years to the Sandy Hook families who sued him for spreading lies about the 2012 school massacre. A Texas judge ruled that Jones cannot use bankruptcy protection to avoid paying the nearly $1.5bn he was ordered to pay. Jones's offer includes a lump sum payment of at least $5.5m annually, a percentage of his personal revenue, and a portion of Infowars revenue. The families' lawyers had previously proposed a settlement of at least $8.5m annually for 10 years. The new plan requires court approval, with final hearings scheduled for late February.

via The Guardian US|

#alex-jones #conspiracy-theories #lawsuit

legal2 years ago•4 min saved

"Alex Jones and Sandy Hook Families Battle in Final Bankruptcy Showdown"

Alex Jones, the conspiracy theorist who was sued by Sandy Hook families and ordered to pay over $1 billion in damages, has proposed a settlement plan that would pay the families a combined total of at least $5.5 million annually for a decade. However, the families have submitted a competing plan that aims to liquidate Jones's Infowars media empire. The bankruptcy case is entering its final phase, with hearings scheduled for late February. The proposed settlement would help bring closure to a long-running courtroom drama that has highlighted the human cost of spreading disinformation.

via The New York Times|

#alex-jones #bankruptcy #infowars

legal2 years ago•3 min saved

Sandy Hook Families Offer Alex Jones Settlement Deal: $85M Minimum

The families of Sandy Hook shooting victims have offered Infowars host Alex Jones a settlement proposal to resolve his bankruptcy case. The families suggested that Jones pay at least $85 million over 10 years, in addition to half of any annual income over $9 million. They also proposed an option for the orderly liquidation of Jones' non-exempt assets. The families claim that Jones has failed to propose a feasible path to emergence from bankruptcy and has continued to live an extravagant lifestyle. Jones' attorneys have filed a motion requesting a status conference to discuss a potential exit plan. A federal bankruptcy judge ruled last month that bankruptcy proceedings will not shield Jones from over $1.1 billion in damages owed to the Sandy Hook families.

via CNN|

#alex-jones #bankruptcy #damages

legal2 years ago•2 min saved

Sandy Hook Families Propose $85 Million Settlement to Resolve Alex Jones' $1.5 Billion Legal Debt

Sandy Hook families, who won nearly $1.5 billion in legal judgments against conspiracy theorist Alex Jones for calling the 2012 Connecticut school shooting a hoax, have offered to settle the debt for at least $85 million over 10 years. The families' lawyers accused Jones of failing to curb his spending and preserve the value of his holdings. They offered Jones two options: liquidate his estate or pay them at least $8.5 million a year for 10 years, plus 50% of any income over $9 million per year. Jones' personal bankruptcy lawyer argued that the settlement offer was too high. If Jones doesn't accept the offer, the court will determine the amount he will pay the families and other creditors.

via NBC News|

#alex-jones #bankruptcy-case #conspiracy-theorist

us2 years ago•3 min saved

Sandy Hook Families Propose $85 Million Settlement to Resolve Alex Jones' $1.5 Billion Legal Debt

Sandy Hook families, who won $1.5 billion in legal judgments against conspiracy theorist Alex Jones for calling the 2012 school shooting a hoax, have offered to settle the debt for at least $85 million over 10 years. The families accuse Jones of failing to curb his spending and preserve the value of his holdings. Jones' personal bankruptcy lawyer argues that the settlement offer is too high and unrealistic. If Jones doesn't accept the offer, a bankruptcy judge will determine the amount he must pay the families and other creditors.

via CBS News|

#alex-jones #bankruptcy #conspiracy-theorist

legal2 years ago•3 min saved

Sandy Hook Families Offer Settlement to Alex Jones in $1.5B Legal Debt

Sandy Hook families, who won nearly $1.5 billion in legal judgments against conspiracy theorist Alex Jones for calling the 2012 Connecticut school shooting a hoax, have offered to settle the debt for at least $85 million over 10 years. The families' lawyers accused Jones of failing to curb his spending and preserve the value of his assets. They offered Jones two options: liquidate his estate or pay them at least $8.5 million a year for 10 years. Jones' personal bankruptcy lawyer argued that the settlement offer was too high. If Jones doesn't accept the offer, the court will determine the amount he will pay the families and other creditors.

via POLITICO|

#alex-jones #bankruptcy-case #conspiracy-theorist

legal2 years ago•3 min saved

Sandy Hook families propose $85 million settlement to resolve Alex Jones' $1.5 billion legal debt

Sandy Hook families, who won nearly $1.5 billion in legal judgments against conspiracy theorist Alex Jones for calling the 2012 school shooting a hoax, have offered to settle his debt for at least $85 million over 10 years. The families accuse Jones of failing to curb his spending and preserve the value of his holdings. Jones' personal bankruptcy lawyer argues that the settlement offer is too high and unrealistic. If Jones doesn't accept the offer, a bankruptcy judge will determine the amount he must pay the families and other creditors.

via ABC News|

#alex-jones #bankruptcy-case #conspiracy-theorist