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February 21, 2024
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…
January 23, 2024
Sphere 3D Corp. , dedicated to becoming the leading carbon-neutral Bitcoin mining company has reached a settlement agreement with Core Scientific, Inc. which was approved by United States...
December 16, 2023
Right-wing conspiracy theorist Alex Jones on Friday proposed a bankruptcy exit plan that offers to settle with Sandy Hook Elementary School shooting victims’ families by paying them at least $55
October 20, 2023
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.
October 16, 2023
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.
March 28, 2023
The production company of right-wing radio host Alex Jones can reorganize itself as a small business even though Jones owes $1.4 billion to the families of…
March 28, 2023
After he was asked about the payments, Jones agreed to return the money, Free Speech lawyer Raymond W. Battaglia said in court. The employee set up a business that funneled about $157,000 to Jones, according to court records.
January 26, 2023
Effective January 1, 2023, the procedures for filing complex cases in the Southern District of Texas changed. The courts have made the procedures specific and detailed. Below are some o...
November 21, 2022
Parents of children killed at the elementary school had sued the Infowars host and his media company for defamation after he repeatedly claimed the 2012 massacre in Connecticut was a hoax.
October 13, 2022
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.