Alex Jones must pay $1.1 billion of Sandy Hook damages despite bankruptcy - court
Source: Reuters
NEW YORK, Oct 19 (Reuters) - Conspiracy theorist Alex Jones cannot use his personal bankruptcy to escape paying at least $1.1 billion in defamation damages stemming from his repeated lies about the 2012 Sandy Hook elementary school massacre, a U.S. bankruptcy judge ruled Thursday.
Bankruptcy can be used to wipe out debts and legal judgments, but not if they result from "willful or malicious injury" caused by the debtor, according to a decision by U.S. Bankruptcy Judge Christopher Lopez in Houston, Texas.
Courts in Connecticut and Texas have already ruled that Jones intentionally defamed relatives of school children killed in the mass shooting, and they have ordered Jones to pay $1.5 billion in damages.
Lopez ruled that more than $1.1 billion of those verdicts, awarded for defamation and intentional infliction of emotional distress, cannot be wiped away in bankruptcy. But he ruled that other parts of the verdicts, including $324 million in attorneys' fees that were awarded as punitive damages in the Connecticut case, could possibly be discharged.
-snip-
By Dietrich Knauth
October 19, 2023 5:56 PM EDT Updated 15 min ago
Read more: https://www.reuters.com/legal/alex-jones-cant-avoid-sandy-hook-verdicts-bankruptcy-judge-2023-10-19/
Alternate non-paywalled link: https://news.yahoo.com/alex-jones-cant-avoid-sandy-202416200.html
Elessar Zappa
(14,149 posts)Garnish his assets if he doesnt pay up soon.
BumRushDaShow
(130,023 posts)DJ Porkchop
(455 posts)Arthur_Frain
(1,872 posts)I want him to pay every single cent he ever earns from here on in.
Its still nowhere near fair, but it accomplishes him not having a pot to piss in.
Kennah
(14,369 posts)Response to DJ Porkchop (Reply #3)
Kennah This message was self-deleted by its author.
Kablooie
(18,647 posts)Im sure some island bank holds the bulk of his wealth.
TrueBlueBlackQueen
(32 posts)This makes my day.
COL Mustard
(5,970 posts)And welcome to DU!
TrueBlueBlackQueen
(32 posts)😊
Windicator
(157 posts)Make them all pay.
GOP has an all-out war against truth.
Fuggin evil.
Oopsie Daisy
(2,779 posts)Chi67
(1,083 posts)It may not be $1 billion, but he will have to pay quite a bit eventually:
https://www.forbes.com/sites/jemimamcevoy/2022/10/13/alex-jones-likely-doesnt-have-1-billion-he-does-own-five-homes-in-texas-though/?sh=30d79e4d426b
JohnnyRingo
(18,696 posts)The lawyers will be keeping track of his expenses in case he has money stashed.
.
bobby202
(91 posts)I lived in n. east texass & homestead does not stop forfeit of the house or property under bankruptcy ! As far as lawsuit , irs will put jones on what's know as U.S.banks blackball list . try's to open a bank account, Irs gets notified instantly ! reason I know this is my good freind had this happen in a divorce ! Bankruptcy does not get you out of everything!
ToxMarz
(2,169 posts)But it won't wipe out a mortgage AND allow you to keep the home. There are some other extenuating circumstances that may come into play but in general it does offer protection.
Shermann
(7,488 posts)Criminal lawyer Bruce Rivers reacts to Alex Jones reacting to the judgement in this video. He is entertaining and informative.
SouthernDem4ever
(6,617 posts)It's time to pay for your sins Alex.
twodogsbarking
(9,940 posts)moonshinegnomie
(2,506 posts)so he would get to keep one of his 5 houses (probally whichever one he claims as his homestead for texas property taxes
1 of his cars.
and a few other personal effects.
republianmushroom
(13,872 posts)Mike Nelson
(9,990 posts)... he won't be able to pay that much... maybe there is a government program that can place him in a job? He's relatively young, still... not retirement age, I don't think. Maybe he can work in a prison, since he is probably in some legal trouble. It won't be much, but the rent is low and he can pay his victims a little something.
live love laugh
(13,218 posts)Tom Yossarian Joad
(19,235 posts)mysteryowl
(7,443 posts)BlueWaveNeverEnd
(8,168 posts)melm00se
(4,998 posts)but, from past experience, let me tell you what will really happen:
Assets
Not all assets are attachable. While this action is taking place in federal court, there are states that have very large exemptions. Florida is one such state. Levying against real property in FL is damn near impossible because FL exemption protects up to 1/2 acre of real property in a city and up to 160 acres in an unincorporated county from property liens and forced sale. So if Alex owns a $10 million house on 1/2 acre, that is untouchable.
Additionally, any and all tax deferred retirement style accounts are also exempt from seizure. The reasoning behind this is that the state cannot force liquidation of an asset that would trigger a tax penalty. That is viewed as a conflict of interest.
Income
The federal government as well as states have minimum thresholds for wage garnishments. The federal government, for example, caps garnishments at 25% of a person's disposable income. There are some exceptions to this like child support and back taxes but those would not apply here. Additionally, not all states allow for wage/income garnishments.
Additionally, this applies to wages only. I have seen people live off credit cards where they are a user but someone else pays the bills. Creditors (even the federal government) cannot levy Sally's income/assets to satisfy Bob's judgment.
Asset ownership and location
Creditors need to prove that any levy targets are actually owned by the debor(s) and are legally attachable. That can be a significant chore when there are shell companies within other shell companies within even more shell companies layered with non-USA locations, entities and reporting requirements.
Those are just a few issues, there are tons more.
Professional deadbeats are expert at hiding assets. They play infinitely complex 3 card monte and shell games which confounds even the most expert forensic accountants.
The huge judgment against Alex Jones will probably see an immediate payment but after that? The money will never be found. Never be traced. Payments after the initial one(s) will be blind luck or if the debtor is incredibly stupid and gets caught.
The judgment and the creditors will see nothing more than nickels and dimes over the years and Alex Jones, while probably not living his previous high life, will continue to live a comfortable living.
SKKY
(11,837 posts)...kinda sucks huh? Kinda wish you hadn't fucked around?
LymphocyteLover
(5,663 posts)ejbr
(5,858 posts)Because I hear no one has yet to get a cent, and no one in the legal field seems to find this outrageous
BobTheSubgenius
(11,580 posts)[u]Couch-surfing With Alex.
Playingmantis
(141 posts)simply hidden his money and refused to pay and there is little that can be done to get it... I hope I am wrong
Mz Pip
(27,462 posts)The IRS can garnish wages of some poor guy who made a mistake. Why cant the courts do the same with Jones?
Rich people get away with way too much.