All articles tagged with #the onion
Orlando Bloom humorously acknowledged Katy Perry's rumored rebound with Justin Trudeau by commenting with applause emojis on a satirical Instagram post from The Onion, subtly addressing his ex's new relationship amid ongoing media speculation.
A Texas bankruptcy judge has rejected The Onion's $1.75 million bid to purchase InfoWars, owned by Alex Jones, in a Chapter 7 bankruptcy auction. The decision followed a dispute with a higher $3.5 million bid from a Jones-affiliated company, which argued the process was biased. The Onion's bid, supported by Sandy Hook families owed damages by Jones, was deemed insufficient by the judge, who instructed a reassessment of the auction process. The Onion expressed disappointment and plans to continue pursuing the acquisition.
A Texas bankruptcy judge has blocked The Onion's acquisition of InfoWars, citing issues with the sealed bidding process that did not maximize returns for creditors. The Onion had bid $7 million, partly funded by money awarded to Sandy Hook families from their lawsuit against InfoWars founder Alex Jones. Despite the setback, The Onion's parent company, Global Tetrahedron, plans to continue pursuing the acquisition to transform InfoWars into a platform for humor.
A bankruptcy judge has rejected The Onion's bid to acquire Alex Jones' Infowars in a bankruptcy auction, citing issues with the auction process. The satirical news site had planned to relaunch Infowars after winning the bid last month, following a $1.4 billion defamation judgment against Jones in favor of Sandy Hook families. The Onion offered $1.75 million, but a company linked to Jones bid $3.5 million. The decision disappointed both The Onion and the Sandy Hook families, who seek accountability from Jones.
A US bankruptcy judge has rejected The Onion's bid to purchase Alex Jones's Infowars, citing a lack of competitive bidding in the auction process. The Onion's bid was supported by families of Sandy Hook victims, who previously won a $1.5 billion defamation lawsuit against Jones for spreading false conspiracy theories about the 2012 school shooting. The judge noted a "good-faith error" in the auction process and suggested it should have been reopened to encourage more bids.
A bankruptcy judge has blocked The Onion's bid to purchase Alex Jones' Infowars, citing concerns over the auction process that allegedly left money on the table. The Onion's $7 million bid, backed by Sandy Hook families, was challenged by Jones and his affiliates, who criticized the auction's fairness. Despite the ruling, The Onion and the families remain determined to hold Jones accountable for his actions. The judge has ordered a reassessment of the auction process, but it's unclear what will happen next for Infowars.
A federal bankruptcy judge rejected The Onion's bid to acquire Alex Jones' Infowars, citing flaws in the auction process and a failure to maximize value for creditors, including families of Sandy Hook victims. The decision marks a rare win for Jones, who owes over a billion dollars in damages for defamation. The judge criticized the auction's lack of transparency and the trustee's decision to cancel a live auction, leading to insufficient offers from both The Onion and a business affiliate of Jones.
A judge has rejected the proposed sale of Infowars to the satirical news outlet The Onion, blocking the transaction in a legal decision.
Elon Musk's social media platform X, formerly Twitter, is contesting the sale of Infowars' X accounts to The Onion, asserting that X owns all accounts on its platform. This legal move comes amid Infowars' bankruptcy proceedings, where its assets are being liquidated to pay damages to Sandy Hook victims' families. Musk's intervention raises questions about his motives, especially given his past actions to restore Infowars' accounts and his criticism of The Onion. The legal filing emphasizes that users only have a non-exclusive license to their accounts, not ownership.
Elon Musk's X Corp is attempting to block the transfer of InfoWars accounts to The Onion, arguing that users do not own their accounts and cannot sell or transfer them without X's permission. This legal objection comes amid the bankruptcy auction of InfoWars, following court orders for Alex Jones to pay $1.5 billion to Sandy Hook families. The Onion announced its purchase of InfoWars, but the sale is on hold due to objections from Jones and another bidder, with a court hearing set for next month.
The Onion's acquisition of Alex Jones' InfoWars is on hold after a federal bankruptcy judge in Texas ruled for a new hearing to review claims by Jones that the auction was "rigged." The satirical news site won the auction with a $1.75 million bid, but Jones' legal team argues that a higher bid from First United American Companies was unfairly rejected. The judge emphasized the need for a fair process and scheduled an evidentiary hearing to resolve the dispute.
A federal bankruptcy judge will hear arguments in December on the fairness of the auction that sold Alex Jones' Infowars to The Onion. Jones and a losing bidder claim the process was biased, accusing the trustee of collusion with the winning bidders, including Sandy Hook families. The Onion's bid, though lower in cash, included concessions from the families, making it more attractive. The judge will decide whether to approve the sale, order a new auction, or award the company to the backup bidder, though experts see the latter as unlikely.
A bankruptcy judge has delayed a hearing on Alex Jones' attempt to block The Onion from purchasing Infowars, following allegations of fraud and collusion in the auction process. The Onion's bid, which includes a pledge from Sandy Hook families to forgo some auction proceeds, was deemed better for creditors. Jones, who declared bankruptcy after being ordered to pay $1.5 billion to Sandy Hook families, claims the auction was rigged. The judge will decide on the sale and related motions in December.
A bankruptcy judge is set to hear arguments regarding Alex Jones' claim of fraud in the auction of Infowars, which was won by The Onion. Jones alleges collusion involving Sandy Hook families and a court-appointed trustee. The Onion's bid included a pledge from Sandy Hook families to forgo some auction proceeds, making it more favorable for creditors. Jones, who owes $1.5 billion to Sandy Hook families for defamation, has set up new platforms to continue his show. The judge will decide whether to allow The Onion's purchase, order a new auction, or award the bid to another company.
Alex Jones has filed a lawsuit to prevent the sale of his media company Infowars to The Onion, claiming collusion between the bankruptcy trustee and Sandy Hook families. The sale is part of bankruptcy proceedings to pay the $1.5 billion Jones owes for defamation. The Onion's bid, valued at $1.75 million in cash plus a credit from the families, is contested by Jones, who argues the valuation is flawed. A competing bid from a company linked to Jones was higher, but the auction process is under scrutiny for lack of transparency.