The ruling by a U.S. bankruptcy judge in Houston further complicates how and when Jones' bankruptcy case will be resolved and when the families he defamed will be paid.
A U.S. bankruptcy judge is hearing arguments for and against selling the show to The Onion, the satirical news site named the winning bidder. Host Alex Jones says the auction was rigged.
The Onion's bid came out on top, but a bankruptcy judge must sign off on the sale. Conspiracy theorist Alex Jones and the losing bidder says the process was "rigged" against them.
The Onion thought it had the last laugh when it was named the winning bidder after last week's bankruptcy auction. Now, Jones says that bid was "fake dollars" and wants a judge to disqualify it
The sale must be approved by a bankruptcy judge. Proceeds will go to paying down the $1.5 billion debt that Jones owes families of Sandy Hook Elementary School shooting victims who won two defamation suits against him.
Live bidding will be private, and the future owner of Jones' company will be public once court papers are filed. The proceeds will go to pay Sandy Hook families who won defamation cases against Jones.
A federal bankruptcy judge has ruled that a plan to sell off the assets of Jones' media company, Free Speech Systems, can move ahead. Net proceeds will go to the Sandy Hook families who Jones defamed.
Jones, the creator and face of the conspiracy-peddling website InfoWars, is on the hook for a total of $49.3 million for spreading falsehoods about the 2012 mass shooting at an elementary school.
The InfoWars host and creator will have to pay $4.1 million to two parents whose 6-year-old son was killed at Sandy Hook Elementary in 2012. Jones spent years claiming the mass shooting as a hoax.
Free Speech Systems filed for bankruptcy amid the trial underway seeking to force Jones to pay $150 million or more to the family of one of the children killed in the 2012 Sandy Hook attack.
Ron Avi Astor, a mass shooting expert and UCLA professor, said the approach to gun law reform should begin at the community level, with discussions between parents, schools and residents.
Founder Alex Jones, who's repeatedly called the 2012 shooting at a Connecticut elementary school a hoax, has been sued several times by the victims' families for defamation and emotional distress.
Following the 2012 mass shooting at Sandy Hook Elementary school, journalist Elizabeth Williamson says, conspiracy theorists tormented the victims' families by accusing them of being actors.
The settlement proposal is far lower than what families said they expected. But an attorney with more than 20 years of experience working with mass shooting victims says there's a lot to think about.
