- ShopAlexJones.com operator sought to acquire assets
- Interested buyer ‘doesn’t have standing,’ judge rules
A judge shut down efforts to revive the sale of Alex Jones’ Infowars assets after two companies expressed interest in acquiring the property through the right-wing conspiracy theorist’s bankruptcy.
Judge Christopher Lopez of the US Bankruptcy Court for the Southern District of Texas rejected a bid by First United American Cos. LLC to buy assets from Infowars parent Free Speech Systems LLC, according to a Wednesday order.
He reiterated his previous decision during a February hearing that blocked the asset sale.
“Nothing has changed,” Lopez wrote. “The Court won’t require the Chapter 7 Trustee to conduct another auction for the FSS assets.”
Lopez also said that FUAC, which operates ShopAlexJones.com, “doesn’t have standing to seek a sale of FSS assets.”
FUAC filed a motion last month seeking to restart the bidding process. It submitted a new $8 million cash offer to the trustee overseeing Jones’ bankruptcy in December, doubling its previous bid.
The families of Sandy Hook Elementary School shooting victims, who hold more than $1 billion in defamation-related judgments against Jones and his companies, argued last week that Lopez shouldn’t allow the process to resume. Another contested sale would lead to significant administrative costs for the estate, they said.
The families last year aided Global Tetrahedron LLC, the parent company of the satirical news site the Onion, in its attempt to acquire Infowars’ assets. Lopez rejected that offer, citing a lack of transparency in the initial auction.
Artificial intelligence entertainment company WOW.AI LLC expressed interest in acquiring Free Speech Systems’ assets through bankruptcy last month.
Though Lopez ended further bidding on the assets, he said during the February hearing that he would permit a sale of the company’s equity.
Hawash Cicack & Gaston LLP represents FUAC.
The case is Jones, Bankr. S.D. Tex., No. 22-33553, order 3/19/25.
To contact the reporter on this story:
To contact the editor responsible for this story:
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.