this post was submitted on 21 Feb 2024
908 points (98.5% liked)

News

23413 readers
3347 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

The families of Sandy Hook school shooting victims voted overwhelmingly in favor of a plan to wrap up Alex Jones’ bankruptcy proceedings by liquidating the right wing talk show host’s assets.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 120 points 9 months ago (3 children)

Sandy Hook families holding about $1.5 billion in defamation judgments [...] a competing plan submitted by Jones that would allow him to reorganize by preserving parts of his media empire and paying the group at least $5.5 million a year over 10 years

Literally pennies on the dollar.

His house in Austin, that he bought for a couple million dollars, he sold to his wife in 2022 for the grand total of ten dollars. They're going to claw that back from him for trying to hide it. And then they're going to force him to sell it because Texas bankruptcy law only keeps your house in a city or town safe from bankruptcy seizure if it's one acre or less. And the lot his house is on is 1.089 acres - such a shame!

[–] [email protected] 40 points 9 months ago (1 children)

Sandy Hook families holding about $1.5 billion in defamation judgments [...] a competing plan submitted by Jones that would allow him to reorganize by preserving parts of his media empire and paying the group at least $5.5 million a year over 10 years

What's the difference between 1.5 billion and 5.5 million? About 1.5 billion.

[–] [email protected] 13 points 9 months ago (2 children)

Or in this case, the difference between 1.5B and 55M.

[–] [email protected] 20 points 9 months ago (1 children)

It's for all intents and purposes the same size difference

[–] [email protected] 6 points 9 months ago (2 children)
[–] derphurr 9 points 9 months ago

Which is still 3.7% of $1500M judgment $55M offered

[–] CustodialTeapot 3 points 9 months ago (1 children)
[–] [email protected] 3 points 9 months ago

I"m now trying to figure out holsters for operands to be the quickest maths in the west

[–] TurtleJoe 34 points 9 months ago (1 children)

Sandy Hook families holding about $1.5 billion in defamation judgments [...] a competing plan submitted by Jones that would allow him to reorganize by preserving parts of his media empire and paying the group at least $5.5 million a year over 10 years

Why did you omit the part where they didn't accept that plan? Those ellipses did some heavy lifting.

[–] [email protected] 16 points 9 months ago* (last edited 9 months ago) (2 children)

It really is the best part, because he's trying to weasel out of it saying "if you want money I've got to keep the machine running to make more" but the families holding him accountable are setting his everything on fire telling him it was never about the money, and that's awesome. He was hoping greed would save his ass but here he is in the hands of people who want real justice - the dismantling of the very machine he used to do harm.

[–] butterflyattack 1 points 9 months ago

I wonder if his assets include infowars? Would be another nail in coffin of his hopes if the families gave it to the knowledge fight guys. Funny as fuck, too.

[–] Buddahriffic 1 points 9 months ago

Assuming no one else comes in and finances a new platform for him. I'd be surprised if it doesn't happen.

[–] [email protected] 29 points 9 months ago

Also there may be state specific differences, but the transfer of his assets to his wife only is called a "fraudulent conveyance" and is still able to be obtained to the debtors. Also it was a dick move and requires more lawyers.