Three companies owned by Alex Jones, including Infowars, filed for Chapter 11 bankruptcy on Sunday. The legal maneuver puts a pause on civil litigation against the right-wing conspiracy theorist, including defamation lawsuits by the relatives of the Sandy Hook school massacre victims.
Bloomberg News reported that Jones' companies, each with estimated liabilities of as much as $10 million, will continue to operate pending a restructuring. Jones and his companies face potentially huge financial exposure after courts in Connecticut and Texas found him liable for statements in which he said that the school shooting, in which 26 people died, was a "hoax."
