ICYMI - Conspiracy website InfoWars parent files for bankruptcy
The unusual judgments occurred after Jones defied court orders to turn over documents in the litigation. The cases were then teed up for trials to determine damages, with the first one now underway in an Austin, Texas courtroom.
Free Speech Systems believes it is in its best interests to continue the current damages trial because substantial resources have been spent on both sides, and the Sandy Hook plaintiffs would likely fight to keep the trial going despite the bankruptcy filing, W. Marc Schwartz, the company’s restructuring advisor, said in a court filing.
Explaining the current bankruptcy filing, Schwartz said the Sandy Hook litigation resulted in InfoWars being shunned by significant internet, social media and financial institutions. The company’s business suffered as a result, he said.
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