11 bankruptcy procedures put a hold on all civil litigation faced by companies that file for the protection and allows them to prepare turnaround plans while remaining operational.
Site’s founder, Alex Jones, was found liable for damages in lawsuits related to lies he spread about 2012 Sandy Hook school shootingFacing multiple defamation lawsuits, the far-right website InfoWars on Sunday voluntarily filed for chapter 11 bankruptcy protection in federal court in Texas.Chapter
Source: the guardian
Summary automatically generated by NewSUM A.I. from the following sources:
- Far-right InfoWars website files for bankruptcy protection (the guardian)
- Alex Jones’ Infowars files for bankruptcy in fallout after Sandy Hook lawsuits (independent.co.uk)