[Bumped to discuss resulting legal actions] Elementary school shooting in Connecticut. (Edit/Update - 26 reported killed, many of them children)
The families of victims of the mass killing at Sandy Hook Elementary School have offered Infowars founder Alex Jones a deal to settle the $1.5 billion debt for only about 6 percent of what he owes them for saying the 2012 massacre in Newtown, Conn., was a hoax, according to a new court filing.
The settlement offer, which was filed in Jones’s personal bankruptcy case in Houston last week, calls for the right-wing conspiracy theorist to pay the families at least $85 million over 10 years.
Lawyers for the Sandy Hook families wrote that Jones could either liquidate his estate and give the proceeds to creditors, or pay the families at least $8.5 million a year for 10 years — and 50 percent of any income over $9 million a year — to settle his debt.
While lawyers described the proposal as a viable way to help resolve the bankruptcy cases that Jones faces for himself and his company, Free Speech Systems, the attorneys for the victims slammed the Infowars founder for failing to curb his spending, change his “extravagant lifestyle,” or failing to produce financial documents in court.
Jones’s personal spending between May and July of this year was $242,219, including more than $93,000 in July alone, according to previous court filings.
“Jones has failed in every way to serve as the fiduciary mandated by the Bankruptcy Code in exchange for the breathing spell he has enjoyed for almost a year,” lawyers for the Sandy Hook families wrote in the settlement offer filing, which was obtained by The Washington Post. “His time is up.”……..
https://www.washingtonpost.com/nation/2023/11/28/alex-jones-bankruptcy-sandy-hook-settlement/