Loading...
Loading...
Browse all stories on DeepNewz
VisitLegal consequences from Infowars auction process by December 31, 2025?
The Onion • 25%
Alex Jones or related entities • 25%
Auction trustee • 25%
No legal consequences • 25%
Legal filings or court decisions
Judge Blocks $7 Million Sale of Infowars to The Onion
Dec 10, 2024, 09:07 PM
A federal bankruptcy judge in Houston, Christopher Lopez, has rejected the sale of Alex Jones' Infowars platform to The Onion, the satirical news outlet, after a two-day hearing. The judge cited a lack of clarity and flaws in the auction process, stating that the $7 million bid—comprising $1.75 million in cash from The Onion and $5.25 million from the families of Sandy Hook Elementary School shooting victims—did not maximize Infowars' value. Jones had contested the sale, alleging collusion and fraud during the November bankruptcy auction. The decision allows Jones to remain at Infowars in Austin, Texas. The trustee overseeing the Infowars auction had asked the court to approve The Onion's winning bid, but the judge ruled against it, noting that the auction process was improperly conducted.
View original story
Settlement reached • 25%
No resolution • 25%
Auction process upheld • 25%
Auction process overturned • 25%
Settled out of court • 25%
Ongoing litigation • 25%
Judge rules against Jones • 25%
Judge rules in favor of Jones • 25%
Sale to a new owner • 25%
Liquidation • 25%
Other • 25%
Successful restructuring • 25%
Media company • 25%
Private investor • 25%
Other entity • 25%
The Onion • 25%
Another media company • 25%
The Onion • 25%
Other entity • 25%
Alex Jones • 25%
No • 50%
Yes • 50%
Sold to new owner • 25%
Other outcome • 25%
Transferred to creditors • 25%
Remains with Alex Jones • 25%
First United American Companies • 25%
The Onion • 25%
Other bidder • 25%
Alex Jones retains ownership • 25%
The Onion wins appeal • 25%
Alex Jones retains ownership • 25%
Auction is redone • 25%
Other outcome • 25%
No sale approved • 25%
Sale to another party approved • 25%
Sale to The Onion approved • 25%
New auction ordered • 25%