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2024-11-20 -Signs, Portents, and the Weather-
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Elon Musk's X Corp. Files Notice in Alex Jones' Infowars Bankruptcy Case
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[Breitbart] Attorneys for Elon Musk’s X Corp. have filed a notice of appearance in Alex Jones’ Infowars bankruptcy case. Jones claimed that “The cavalry is here,” adding that “Trump is pissed.”
The judge overseeing the bankruptcy case said he is concerned with the process in which the satirical comedy site the Onion, backed by families of Sandy Hook Elementary School shooting victims, won Jones’ platform at a bankruptcy auction. The judge cited transparency issues with the auction and is calling for a new hearing on the bidding procedure, according to a report by Bloomberg.
“I personally don’t care who wins the auction,” Judge M. Christopher Lopez said. “I care about process and transparency.”
The Southern District of Texas judge added that the forthcoming hearing will determine whether those who ran the Infowars auction conducted “a full and fair process.”
While bidders had to submit their highest and best offer for Jones’ platform, they did not have to share the value of their offers with rivals, Bloomberg noted. The judge argued that this means other potential buyers didn’t know what they were bidding against.
“Nobody should feel comfortable with the results of the auction,” Judge Lopez said.
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Posted by Skidmark 2024-11-20 05:16||
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