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- Alex Jones, the conspiracy theorist, is facing the liquidation of his assets. His general unsecured creditors, including Sandy Hook families with defamation judgments against him, voted in favor of a Chapter 11 plan that would systematically liquidate and redistribute his property and cash while preserving potential legal actions against parties affiliated with Jones and his Infowars program1. The families' plan would set up a trust to liquidate nearly all of Jones' assets, except his primary home and other exempt holdings2. The families rejected Jones' offer to pay them $55 million over 10 years and opted for asset liquidation as required by the court3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Jones’ general unsecured creditors—comprised mostly of Sandy Hook families holding about $1.5 billion in defamation judgments against the famed conspiracy theorist—voted 100% in favor of a Chapter 11 plan that would methodically liquidate and redistribute his property and cash, while preserving potential legal actions against parties affiliated with Jones and his Infowars program.news.bloomberglaw.com/bankruptcy-law/sandy-ho…A judge recently gave Jones approval to sell some of his assets, including guns, vehicles and jewelry to raise money for creditors. The families’ plan would set up a trust that would liquidate nearly all of Jones’ assets, except his primary home and other holdings considered exempt from sale under bankruptcy laws.apnews.com/article/alex-jones-sandy-hook-shootin…The families of the victims of the 2012 Sandy Hook mass shooting have rejected Alex Jones' offer to pay them $55 million over 10 years. The families, who won $1.5 billion in defamation damages against the bankrupted Infowars host, have instead voted in favor of liquidating Jones' assets as required by the court.www.newser.com/story/346793/sandy-hook-familie…
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