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Bankruptcy judge rejects The Onion's bid to buy Alex Jones' Infowars (www.nbcnews.com)

submitted 2 weeks ago by ByteOnBikes@slrpnk.net to c/nottheonion@lemmy.world

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A bankruptcy judge on Tuesday rejected a bid by The Onion’s parent company to buy Alex Jones’ far-right media empire, including the website Infowars, ruling that the auction process was unfair.

U.S. Bankruptcy Judge Christopher Lopez said after a two-day hearing that The Onion’s parent company, Global Tetrahedron, had not submitted the best bid and was wrongly named the winner of an auction last month by a court-appointed trustee.

“I don’t think it’s enough money,” Lopez said in a late-night ruling from the bench in a Houston court. “I’m going to not approve the sale.”

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[-] givesomefucks@lemmy.world 55 points 2 weeks ago

Obviously bullshit...

They made the highest bid, no one else bid higher.

The judge said they should have tried to get Alex Jones to make an even higher offer...

And since they didn't, it somehow means Alex Jones owns it still and is already broadcasting?

The US legal system is a fucking joke.

[-] Carrolade@lemmy.world 44 points 2 weeks ago

They made the highest bid, no one else bid higher.

That's not entirely true. If you read the article, that's just not what it says.

I hope the Onion has the resources to genuinely outbid. Perhaps they could accept crowdfunding donations to reach the amount if necessary?

Here's Legal Eagle on this particular case, incidentally:

https://youtu.be/GmDNz7irGgw

[-] TachyonTele@lemm.ee 13 points 2 weeks ago

You seriously need to at least read the article before you comment like this.

[-] Kalkaline@leminal.space 6 points 2 weeks ago

They should just take all his assets and garnish any payment to him so he's got 0 wealth to his name and is forced to live on minimum wage.

this post was submitted on 11 Dec 2024

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