Judge orders hearing to review Onion’s purchase of Alex Jones’s InfoWars
Judge orders hearing to review Onion’s purchase of Alex Jones’s InfoWars
Judge to audit if conspiracy theorist’s bankruptcy auction was fair, which could delay buying process for satire site
“We’re all going to an evidentiary hearing and I’m going to figure out exactly what happened,” the judge, Christopher Lopez, said in an emergency hearing on Thursday afternoon. “No one should feel comfortable with the results of this auction.”
Oh bullshit.
Is this not the capitalist dystopia they wanted? It was an auction, The Onion was the highest bidder, and the discussion should stop there, right?
"The Onion was the highest bidder[...]"
Literally the point of the suit is that The Onion was not the highest bidder. From the article:
The exact bid amount offered by the Onion for InfoWars remains unknown, but it has been reported it was lower than First United American’s bid of $3.5m.
The victims of Jones decided it was better to get less money and not allow the brand to go to one of his allies to continue the usual operations. They are saying that even though they effectively own the brand, that they don't have the right to choose who it's sold to.
There is only one way this should go, but...
But you see, the judge agrees politically with the former content of Info Wars. You should learn to be more sensitive of the feelings of egoist judges! Their job is soooo hard being he backbone of American democracy.
“No one should feel comfortable with the results of this auction.”
What did he mean by that?
How do feelings even enter into this? They judge is nuts
The way I read it: The judge sees InfoWars as a beacon of hope and truth, and Onion as an anarchist, absurdist fake news site. To him it is like giving away the Federal Reserve to Friedrich Engels as a gift. It just feels wrong. Endlessly funny.
There are going to be a ton of people getting upset now that their source of fake boner pills is getting disrupted.
If there is anything that could trigger a bloody uprising and revolution, it's that.
Guardian's slow on the news. This was known yesterday.
There were only two bidders, the Onion and a backup bidder. The judge is looking into how the bidding process was run, because the Onion won with a lower bid than the back up bidder.
The Onion’s offer was seen as a better deal because some of the related Sandy Hook families agreed to forgo a portion of the sale proceeds to help pay off Jones’s other creditors.
Both article explains that. They used a “credit” given by the Sandy Hooks survivors so that their money from this sale would go to Alex’s other debts first. So it was less money but allocated more beneficially for jones.
That is interesting.
I'm comfortable with The Onion owning infowars.
The quality and integrity of the journalism will only improve.
Are there laws in the US or courts just act based on how they feel?
The claim I'm hearing is that the rules of the auction were changed at the last minute; it went from a regular auction to an anonymous "sealed bid" auction, where bids had to be placed the week prior. The sealed bids were put before the judge, and there were higher bids than Onion (a laughable $200K), but the people running the auction choose The Onion as the winning bid, anyway. The higher bids were by conservative groups, to buy InfoWars & keep it running. The Onion was chosen to assume ownership for purposes of humiliation & brand destruction, even though they only bid $200K.
This court case is a reaction to people running an auction based on how they feel, allegedly. Liquidation auction efforts, logically, should pursue the option that pays out the most money.
Where exactly are you hearing all this? Sources please.
But the trustee who oversaw the auction said he followed the judge’s rules laid out in a September order, which made the overbidding round optional.
The exact bid amount offered by the Onion for InfoWars remains unknown, but it has been reported it was lower than First United American’s bid of $3.5m. The Onion’s offer was seen as a better deal because some of the related Sandy Hook families agreed to forgo a portion of the sale proceeds to help pay off Jones’s other creditors.
It was reported on Thursday that the Onion’s purchase of InfoWars received support from families of Sandy Hook shooting victims, to whom Jones owes $1.4bn in defamation judgments after he falsely claimed the 2012 school massacre was a hoax.
Liquidation auction efforts, logically, should pursue the option that pays out the most money.
To whom?
The money is going to Jones's victims. The victims seem fine getting less money if it means InfoWars goes to someone who will destroy the brand rather than some conservatives who will pump money into it to further destroy their lives.
Typical American "justice". Only first world country where the death penalty is in vigor because "this is what the victims would want", but when a plaintiff looks like they might actually get a small moral win against fascists suddenly the Law is a dispassionate machine.
The dishonorable judge Griftopher Lopez
He seems to be pretty uncomfortable with the results of this auction himself.
How about you review my fuckin' nuts, your honor.
I knew it was too good to be true.