4/24/2023 0 Comments Lakehouse rentals austin![]() ![]() The law first took effect in early 2020 but was soon broadened to assist small businesses struggling during the pandemic. bankruptcy system that makes the survival of businesses a priority and has so far given Jones an advantage in court.Īlthough Infowars has estimated revenues of some $70 million a year - hardly a mom-and-pop shop - Jones was able to file for Chapter 11 under the more lenient bankruptcy rules of the Small Business Reorganization Act, known as Subchapter V. The judge ordered Jones to fill in the gaps in his financial disclosures by the end of the month.īut Jones’ continued obfuscation about his net worth has given him leverage over the families, who are also fighting a U.S. “There’s a chance we’re going to be forced into a situation where we’re going to be checking to see how Infowars is doing every month to figure out if our clients are getting paid or not,” he said.Įarlier this month, Jones offered to pay the families and his other creditors a total of $43 million over five years as part of a bankruptcy plan, which lawyers for the families immediately dismissed as laughable and riddled with financial holes. Mark Bankston, the families’ Texas lawyer, does not disagree. Lawyers for Jones said in a filing late last year that “any argument that Jones must give up his public life, or discontinue public discourse, is contrary to supporting his ability to fund a plan and pay creditors.” So their ability to get anything remotely close to the jury awards is inextricably tied to Jones’ capacity to make a living as the purveyor of lies - including that the shooting was a hoax, the parents were actors and the children did not really die - that ignited years of torment and threats against them. It is not clear whether they will ever collect a significant portion of the assets Jones has transferred. “If anybody thinks they’re shutting me down, they’re mistaken,” Jones said on his new podcast last month. Sign up for The Morning newsletter from the New York Times He has also spent heavily on luxuries, including $80,000 on a private jet, bodyguards and a rented villa while he was in Connecticut to testify at a trial last fall. Jones, who has an estimated net worth as high as $270 million, declared both business and personal bankruptcy last year as the families won historic verdicts in two lawsuits over his lies about the 2012 shooting that killed 20 first graders and six educators at Sandy Hook Elementary School in Newtown, Connecticut.Ī New York Times review of financial documents and court records filed over the past year found that Jones has transferred millions of dollars in property, cash and business deals to family and friends, including to a new company run by his former personal trainer, all potentially out of reach of creditors. HOUSTON - Infowars conspiracy broadcaster Alex Jones, who faces more than $1.4 billion in legal damages for defaming the families of the Sandy Hook shooting victims, has devised a new way to taunt them: wriggling out of paying them the money they are owed. (Ilana Panich-Linsman/The New York Times) The property’s best feature is probably its wooden dock because that’s where you’re closest to the water and the magic of Indian Lake.Conservative conspiracy theorist Alex Jones prepares to host his live show in his studio in Austin, Texas on Feb. Other features? A huge raised-bed garden in front of the house, space for tools & water toys and a shady fenced-in yard. There’s also a laundry room with a washer dryer and the cedar lined bathroom has a shower/tub.Ī large separate outbuilding is also on the property - perfect as a workshop or added storage. New central air and all new kitchen appliances, including a dishwasher and gas range are some of those updated basics. Then we added modern amenities and updated the basics. We started by keeping the original cabinets, floors and doors wherever possible. The cabin’s renovation has been a true labor of love – pretty much everything has been done by hand, by us. Its size is just right for a single person or couple, or as a second home for a small family. With vaulted ceilings, cedar-lined walls and hardwood floors in the main living room, the house delivers a whole lot of drama and charm per inch. Lakesmith is an unfurnished, 850 sf, two bedroom, one bath cabin with a large deck across the back and a huge double lot right on the lake.
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