Mike!
Official Ponylandistanian National Treasure. Re
Would fleeing the country actually save him a dime if all his assets remain in America?
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The Official Alex Jones Thread!
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JayUtah
Penultimate Amazing
No reason he can't. While it's common to restrict the travel of people under criminal suspicion, indictment, or conviction, that doesn't apply to civil judgments or debts. Fleeing the jurisdiction of your debt probably kills any chance you might have of favorable bankruptcy proceedings, if you've filed for bankruptcy. But that doesn't seem to be a credible option for Jones.
The only assets he'd have after Chapter 7 bankruptcy would be those shielded for personal use. Presumably if a high-profile American like Alex Jones defected to Russia, Putin would reward him with better assets. The advantage would be that the judgment outstanding against him would be impossible for the plaintiffs to collect, so whatever he earned in Russia would be his to keep.
Mojo
Mostly harmless
Hercules Rockefeller
Woof!
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He should do it and get to experience real freedom of speech under Pootin.
cow_cat
Mr. Parodied
Shortly after posting I remembered this was all civil proceedings, so no restrictions on his movements.
ponderingturtle
Orthogonal Vector
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I believe he got kicked out of bankruptcy court
CarbShark
Muse
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That's where most of his debts and other liabilities are too
JayUtah
Penultimate Amazing
As we discussed up-thread, his Chapter 11 petition was ripe for dismissal but was converted to a Chapter 7 petition and set for liquidation. The trustee announced he was going to sell Info Wars. I think there was some intervening action by one of the plaintiffs that complicated that plan. But as far as I know, he's still in Chapter 7 liquidation.
rjh01
Gentleman of leisure
There is a significant difference in living standards between the two countries, making the invitation not very attractive to anyone. And that is even ignoring the economic consequences of the current war. Or maybe they might bring in heaps of cash, live a luxury life based on that and bring an economic boost to the country. Though I doubt many of them would be able to earn much money.
SpitfireIX
Philosopher
dudalb
Penultimate Amazing
As far as I am concerned, if Jones flees to Russia, good riddence to bad garbage.
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Brainster
Penultimate Amazing
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I know that quite a few Jones fans are just waiting on the inheritance from their uncle who died in a plane crash in Nigeria.
gabeygoat
Master Poster
I would absolutely not be surprised to see him and Puckered Carlson end up there
ponderingturtle
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The thing is there are two seperate bankruptcies, and I know one got dismissed. There was the bankruptcy of infowars and the personal one for alex jones.
JayUtah
Penultimate Amazing
That's right. Thanks for reminding me.
The Free Speech Systems company bankruptcy was dismissed.
Jones' personal bankruptcy was converted from Chapter 11 to Chapter 7, but this includes Infowars as a personal asset. The trustee in Jones' personal Chapter 7 bankruptcy proposes to liquidate Infowars. But this has run into problems due to a unilateral action by one of the Sandy Hook plaintiffs.
I'm not sure what the relationship is between Free Speech Systems and Infowars, so maybe someone can fill in that gap.
ponderingturtle
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Free Speech Systems runs infowars and is where the actual assets are. He has a lot of corporations and until discovery it was hard to know who actually owned anything.
JayUtah
Penultimate Amazing
The current reporting says Infowars is to be liquidated piecemeal according to an order likely to be approved by the presiding judge. The fire-sale proceeds will go to the Sandy Hook plaintiffs. And of course Jones is on the air blubbering like a baby, blaming the plaintiffs for all sorts of imaginary injuries.
ponderingturtle
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Well at least his truck is safe, he gave it to his father and now his dad simply lets him drive it. Hiding assets for the win.
SpitfireIX
Philosopher
From National Reviewhttps://www.nationalreview.com/news...on-of-alex-joness-assets-in-november-auction/:
Amid his ongoing bankruptcy troubles, Jones has suggested that his supporters could buy InfoWars‘ assets, which could allow him to continue hosting his talk show as an InfoWars employee.
“It’s very cut and dry that the assets of Free Speech Systems, the website, the equipment, the shopping cart, all that, can be sold,” Jones said recently. “And they know full well that there are a bunch of patriot buyers, and then the operation can ease on.”
“It’s very cut and dry that the assets of Free Speech Systems, the website, the equipment, the shopping cart, all that, can be sold,” Jones said recently. “And they know full well that there are a bunch of patriot buyers, and then the operation can ease on.”
Let's hope that doesn't happen.
Gulliver Foyle
Philosopher
Would his listeners have the money? Remember his programming was squarely pointed at those so desperate for money that they'd fall for get rich quick scams such as gold-buggery.