Sandy Hook Families and Alex Jones: Clash Over Money in Bankruptcy Court
Sandy Hook families and Alex Jones face off in court over money. Get the latest on the legal battle and bankruptcy plans. Stay informed with ease.
In the latest legal tangle, Alex Jones, a conspiracy theorist, is suggesting to pay Sandy Hook families $55 million over a decade, much less than the $1.5 billion awarded in lawsuits. Sandy Hook families, wanting fair compensation, have their own idea. They want to sell most of Jones' stuff, including his media company.
This legal back-and-forth happened in a bankruptcy court in Houston. They'll argue about it for a couple of months, with final decisions expected in February.
Jones and his media company faced big lawsuits in Connecticut and Texas, leading them to file for bankruptcy last year. The families of Sandy Hook victims sued Jones, saying he spread untrue things about the 2012 school shooting.
On the 11th anniversary of that sad day, new bankruptcy papers came out, laying out the proposed deals. Jones wants to pay the families about $5.5 million every year for ten years, plus a share of his money. But it's not much more than what was suggested in a similar case last month.
In return, the families want to create a special fund to sell almost everything Jones owns, except his main home. This fund would have a lot of power, including the ability to take back money if Jones gave it out illegally.
Jones recently got permission to sell some of his stuff to get money for the people he owes. The families aren't happy about how Jones spends his money and suspect he's hiding some. They're also arguing that Jones should pay more.
While Jones says he's protected by free speech rights and is fighting the $1.5 billion lawsuits, this legal battle is getting more intense. Keep an eye out for what happens next as they continue to argue about money and fairness in the courtroom.
Also Read: Maximizing Your Social Security Benefits in 2024: A Simple Guide