A Texas state judge has ordered that Infowars’ parent company be placed in receivership, paving the way for its assets to be sold to help satisfy more than $1 billion in defamation judgments owed by its founder, Alex Jones, to families of Sandy Hook Elementary School shooting victims.
At an Aug. 13 hearing in Travis County’s 459th District Court, Judge Maya Guerra Gamble announced she was granting a post-judgment motion to appoint a receiver over Free Speech Systems, parent company of Infowars, according to the court’s civil docket, additional reporting from NPR, and remarks by Jones on his show.
“I also want to give you a very important update on the future of Infowars and this operation,” Jones said, adding that the ruling could revive a stalled plan by satirical news site The Onion to acquire Infowars. The Onion’s $1.75 million bid was previously approved in a bankruptcy auction last year before a federal judge voided the sale, citing issues with the process….