legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts
Gateway Pundit files for bankruptcy after election conspiracy defamation lawsuits
npr.org/2024/04/24/1246998565/gateway-pundit-bankruptcy-defamation
Quick Glance: Gateway Pundit Files Bankruptcy Amid Election Fraud Defamation
- The Gateway Pundit, known for spreading falsehoods and conspiracy theories, has filed for bankruptcy and is facing multiple defamation lawsuits.
- The owners, Jim and Joe Hoft, are dealing with lawsuits from Georgia election workers and a former Dominion Voting Systems official.
- Jim Hoft stated that the bankruptcy is to consolidate lawsuits, although Chapter 11 bankruptcies are primarily meant to assist small businesses in restructuring.
- Despite delays, legal proceedings have significant impacts on sites like Infowars and The Gateway Pundit, as juries do not tolerate powerful individuals spreading lies and disrupting lives.
McKinsey faces US criminal probe over opioids work, sources say: McKinsey & Co is under criminal investigation in the United States over allegations that the ...
reuters.com/business/healthcare-pharmaceuticals/mckinsey-faces-us-criminal-probe-over-opioids-work-sources-say-2024-04-24/
Quick Glance: Investigation against McKinsey in the US over involvement in the opioid industry
- A grand jury was established to examine evidence related to consulting for pharmaceutical companies involved in the addiction epidemic.
- McKinsey is under a criminal investigation in the US for its involvement with opioid manufacturers.
- Furthermore, federal prosecutors are looking into whether the company impeded justice through its actions as concerns about its work grew.
- According to a source, the US Department of Justice has been scrutinizing McKinsey's activities for several years, with a grand jury now set up in Virginia to review evidence.
Alex Jones still must pay $1B judgment: Judge: Judge says Jones' "intent to harm the Plaintiffs" negates bankruptcy protection.
abcnews.go.com/US/alex-jones-ordered-pay-1-billion-judgment-sandy/story
Quick Glance: Judge: Jones can't use bankruptcy to avoid paying Sandy Hook families
- Judge rules: Alex Jones cannot use bankruptcy to evade over $1.1 billion payment to Sandy Hook families
- Another defeat for Jones after spreading false information about the Sandy Hook massacre
- Jones' fortune is approximately $14 million, but he cannot use bankruptcy to avoid payments
- Families welcome court ruling: Jones' malicious behavior is not protected in bankruptcy court
Alex Jones offers Sandy Hook victims' families $55 million to settle legal claims
npr.org/2023/12/16/1219848695/alex-jones-sandy-hook-victims-families-settle
Quick Glance: Court Upholds $75K Fine for Alex Jones
- A Connecticut appeals court upheld a $75,000 fine against right-wing personality Alex Jones for missing a deposition in March of last year.
- The court agreed with the trial court's ruling that Jones' decision to host a live radio broadcast significantly undermined his claim of being too ill to attend the deposition.
- The Connecticut Appellate Court stated that Jones still did a live broadcast of his show Infowars despite claiming to be ill and receiving doctor's recommendations to avoid the deposition in a lawsuit by families of the Sandy Hook shooting victims.
- Jones' lawyer mentioned the possibility of appealing the appellate court's ruling to the Supreme Court.
‘Sam? Are you there?!’ The bizarre and brutal final hours of FTX: How Sam Bankman-Fried and his band of millennial millionaires lost a $40bn crypto empire
ft.com/content/6e912f25-f1b7-4b19-b370-007fbc867246
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Quick Glance: Sam Bankman-Fried Avoids Second Trial
- U.S. prosecutors do not plan to conduct a second trial against former FTX Chief Executive Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt cryptocurrency exchange.
- Prosecutors said the strong public interest in a prompt resolution of the case against the 31-year-old former billionaire outweighed the benefits of a second trial.
- Bankman-Fried could face decades in prison when sentenced by U.S. District Judge Lewis Kaplan in Manhattan.
- A second trial would not affect how much time Bankman-Fried could face in prison, as Kaplan could consider all of Bankman-Fried's conduct when sentencing him for the counts on which he was convicted.
Alex Jones seeks $1.3 million salary in Infowars bankruptcy: Conspiracy theorist Alex Jones on Monday asked a judge to allow him to take a $1 ...
reuters.com/legal/alex-jones-seeks-13-million-salary-infowars-bankruptcy-2022-12-19/
Alex Jones is ‘holding firearms’ for Jan. 6 rioters, bankruptcy docs show: A filing of personal financial disclosures does not state why Jones is holding the ...
washingtonpost.com/nation/2023/02/16/alex-jones-holding-firearms-jan-6-rioters/
Georgia Gambling Company Lucky Bucks Says Former Workers Ran Criminal Scheme: The Georgia slot machine operator previously known as Lucky Bucks is suing several ...
bloomberg.com/news/articles/2024-01-05/georgia-gambling-company-lucky-bucks-says-former-workers-ran-criminal-scheme
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Alex Jones claims that Biden walks around the White House naked: Tucker Carlson welcomed hugely controversial conspiracy theorist Alex Jones onto his Twitter/X ...
indy100.com/news/alex-jones-joe-biden-naked
Sandy Hook Families Offer Alex Jones an $85 Million Settlement: A year after conspiracy theorist Alex Jones was ordered to pay Sandy Hook families nearly $1 ...
thecut.com/2023/11/alex-jones-is-on-trial-for-sandy-hook-conspiracy-theories.html
Alex Jones spent over $93,000 in July. Sandy Hook families who sued him have yet to see a dime
apnews.com/article/alex-jones-sandy-hook-shooting-bankruptcy-34192bd7d89ed786f64580682f6ea89e
Quick Glance: Alex Jones Spends Over $93,000 in July. Sandy Hook Families Still Awaiting Compensation.
- Jones spent $7,900 on housekeeping in July.
- Lawyers for the families plan to request measures to restrict Jones' spending and protect the family's assets if he does not reduce his personal expenses.
- According to Jones' financial documents, his net worth is approximately $14 million.
- Some Sandy Hook families have filed another lawsuit alleging that Jones concealed millions of dollars to safeguard his wealth.
Gisele Bündchen says she was 'blindsided' by FTX collapse: Gisele Bündchen recently touched on the rapid collpase of cryptocurrency exchange FTX in late 2022 ...
foxbusiness.com/markets/gisele-bundchen-blindsided-ftx-collapse
She's revealed how she's gone bankrupt at only 24, and why she doesn't have any regrets. 👀👉 bit.ly/3ZDdpBD
Cineworld says it aims to raise $2.3bn to exit bankruptcy: The cinema chain filed for bankruptcy protection in the US in September as it faces $5bn of debt.
bbc.com/news/business-65159744
U.S. judge 'troubled' by Alex Jones' bankruptcy evasion: A U.S. bankruptcy judge said on Monday he was "troubled" by right-wing conspiracy theorist Alex Jones' ...
reuters.com/legal/us-judge-troubled-by-alex-jones-bankruptcy-evasion-2023-03-27/
Cryogenic Freezing, Guns, Cufflinks: What Alex Jones Bought With His InfoWars Fortune
thedailybeast.com/cryogenic-freezing-guns-cufflinks-what-alex-jones-bought-with-his-infowars-fortune
Bankman-Fried faces more criminal charges, allegedly hid political donations: Sam Bankman-Fried was hit with new criminal charges on Thursday, in an expanded ...
reuters.com/legal/new-indictment-unsealed-against-bankman-fried-containing-12-charges-2023-02-23/
CoinDesk eyes a sale as owner DCG suffers the fallout of its FTX scoop: CoinDesk broke the story that triggered FTX's solvency crisis in November – but its ...
markets.businessinsider.com/news/currencies/coindesk-ftx-crypto-crash-sale-digital-currency-group-dcg-genesis-2023-1
IBC plot twist may let defaulters keep the reins | Mint: Government had earlier tried the debtor-in-control model with small businesses, but it did not take off ...
livemint.com/news/india/defaulters-may-keep-reins-in-ibc-plot-twist-11672685633219.html
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