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Judge Approves Audacy Reorganization Plan

As expected, United States Bankruptcy Court for the Southern District of Texas Judge Christopher M. Lopez approved Audacy’s Chapter 11 reorganization plan in which Audacy will equitize approximately $1.6 billion of funded debt, a reduction of 80% from approximately $1.9 billion to approximately $350 million. Prior to yesterday’s hearing, there were only two objections to…
United States Christopherm Lopez United States Bankruptcy Court Southern District Texas Judge Christopher

Alex Jones Loses, Cardi B Wins on Flip Sides of Bankruptcy Law

Though not unprecedented, the Jones and Cardi B cases highlight the intersection of bankruptcy law, defamation, and popular culture at a time when social media has turned everyone into a potential publisher who could be liable for their public pronouncements. They also reinforce a quiet part of law that debtors, creditors, and attorneys should keep in mind before weighing bankruptcy court.
United States Sandy Hook University Of Florida Bruce Markell Casey Anthony Christopherm Lopez

Houston bankruptcy judge David Jones resigns after misconduct complaint regarding his relationship with an attorney – Houston Public Media

Jones resigned Monday, three days after a formal misconduct complaint was filed in the Fifth Circuit Court of Appeals. The prominent bankruptcy judge is accused of failing to disclose a romantic relationship with an attorney who previously worked for a law firm that regularly handled cases in his court.
United States Christopherm Lopez Jones Wilkinson Marvin Isgur Eduardov Rodriguez Priscilla Richman

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Can Infowars host Alex Jones pay nearly $965M verdict for Sandy Hook lies? He spent $80K to get to trial, bankruptcy filings show

Infowars host and founder Alex Jones called the $965 million verdict against him a “joke” during his broadcast Wednesday and suggested that defamation plaintiffs who sued him for lying about the 2012 Sandy Hook shooting massacre in Connecticut won’t be able to collect.
District Of Columbia United States New York Sandy Hook Travis County Alex Jone

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