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Settlement Offer

All articles tagged with #settlement offer

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

governmenthealth2 years ago•1 min saved

Efficient Payouts for Camp Lejeune Water Contamination Victims

The Navy and Justice Department have announced an expedited settlement offer, called the Elective Option, to victims of water contamination at Camp Lejeune in North Carolina. Over 93,000 people have filed claims seeking compensation for diseases caused by exposure to toxic water at the Marine Corps Base. The Elective Option allows qualifying claimants to receive a payout ranging from $150,000 to $450,000, with an additional $100,000 for exposure-related deaths. The Navy and DOJ will contact eligible claimants, who will have 60 days to decide whether to accept the offer or continue pursuing a larger settlement. The Department of Veterans Affairs estimates that up to 900,000 service members were potentially exposed to the contaminated water, which has been linked to various deadly diseases.

via NBC News|

#camp-lejeune #governmenthealth #justice-department

sports2 years ago•2 min saved

"NFL Player Dalvin Cook Accused of Offering $1 Million to Ex-Girlfriend for Exoneration"

A court filing alleges that lawyers representing NFL player Dalvin Cook offered $1 million to a woman named Gracelyn Trimble to send a letter to the NFL exonerating Cook of domestic violence allegations. Cook has denied the claims and has sued Trimble and her lawyer for defamation. Trimble's lawyers want to use the settlement offers as evidence of Cook's guilt during her trial. While settlement offers are typically not admissible in court, the disclosure of the offer has already affected Cook's reputation and potential free agency. Cook's lawyers will investigate how the document was unsealed and may argue that it was improperly used to smear Cook.

via NBC Sports|

#dalvin-cook #domestic-violence #lawsuit