Alex Jones' Infowars to be liquidated, shut down by bankruptcy trustee to appease plaintiffs: report

"The Trustee seeks this Court’s intervention to prevent a value-destructive money grab and allow an orderly process to take its course," he added.

Hannah Nightingale Washington DC

A US Bankruptcy court trustee has indicated that he intends to "conduct an orderly wind-down" of the operations of Infowars’ parent company and its assets liquidated to help pay the $1.5 billion Alex Jones has been ordered to pay in court.

Trustee Christopher Murray made the statement in an emergency motion filed on Sunday in Houston, stating that he intends to "liquidate" the inventory of Free Speech Systems. Murray was appointed by a federal judge to oversee the assets in Jones’ bankruptcy case. He did not give a timeline for the liquidation of the assets, according to the New York Post.

Jones has stated that he expects Infowars to continue to operate for a few more months before its shutdown due to the bankruptcy, but has reportedly vowed to continue broadcasting through other means after the shutdown, possibly through social media. He has also reportedly spoken about someone buying the company and allowing him to run his shows as an employee.

Murray also requested that US bankruptcy Judge Christopher Lopez put a hold on the efforts by the families of the Sandy Hook shooting victims to collect the money he owes them, saying these efforts would interfere with his plans to close Jones’ Free Speech Systems and sell off the assets.

Lawyers for the parents of one of the victims on Friday asked a judge to order the parent company to turn over assets such as money in bank accounts and garnish its accounts, with Judge Maya Guerra Gamble approving the request, prompting Murray’s emergency motion.

Murray wrote in the court filing that "The specter of a pell-mell seizure of FSS’s assets, including its cash, threatens to throw the business into chaos, potentially stopping it in its tracks, to the detriment" of his duties in Jones’ personal bankruptcy case.

"The Trustee seeks this Court’s intervention to prevent a value-destructive money grab and allow an orderly process to take its course," he added.

On June 14, Lopez approved converting Jones’ personal bankruptcy case from Chapter 11 to Chapter 7, changing it from a reorganization to a liquidation. Jones had requested the move earlier in the month.

Despite being ordered to pay $1.5 billion to the families, a court analysis revealed that Jones’ total assets amount to no more than $10 million, and that a Chapter 7 liquidation would likely leave the families with less than $4 million between them after legal bills are paid.

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