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Judge Rejects Sale of Infowars to The Onion (www.nytimes.com)

submitted 2 weeks ago by Aatube@kbin.melroy.org to c/technology@lemmy.world

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“It seemed doomed almost from the moment they decided to go to a sealed bid,” Judge Lopez said. “Nobody knows what anybody else is bidding,” he added.

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[-] communism@lemmy.ml 54 points 2 weeks ago

No fun allowed

[-] Fredselfish@lemmy.world 33 points 2 weeks ago

Most bids are sealed. Go bid on any construction job they are sealed. One bidder has no clue what anyone else bid. What the fuck corrupt judge is what they got there.

[-] stoly@lemmy.world 3 points 2 weeks ago

And they are interviewing retired bankruptcy judges that are apparently at a loss right now.

[-] Aatube@kbin.melroy.org 1 points 2 weeks ago

link pls

[-] stoly@lemmy.world 3 points 2 weeks ago

Sorry it was on NPR in the morning. They had someone saying that it was a perfectly standard sale and were surprised by the decision.

[-] Aatube@kbin.melroy.org 9 points 2 weeks ago

found it!

Bruce Markell, a former U.S. bankruptcy judge and now Northwestern law school professor, said the judge's decision was shocking and disappointing.

"It seems that the good was held hostage to the better," Markell said, and now "the costs of dealing with an obstreperous debtor [Jones] just keep mounting."

don't see the "perfectly standard" part tho. maybe he felt it could be argued to have a potentially better deal but didn't think it warranted overturning the sale.

[-] villainy@lemmy.world 4 points 2 weeks ago* (last edited 2 weeks ago)

obstreperous adjective
ob·strep·er·ous

1: marked by unruly or aggressive noisiness : clamorous
obstreperous merriment
an obstreperous argument

2: stubbornly resistant to control : unruly
obstreperous behavior
an obstreperous child

[-] Aatube@kbin.melroy.org 2 points 2 weeks ago

maybe he felt it could be argued to have a potentially better deal but didn't think it warranted overturning the sale.

[-] stoly@lemmy.world 2 points 2 weeks ago

Well that was my post day paraphrase lol. Glad you found it.

this post was submitted on 11 Dec 2024

352 points (97.3% liked)

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