Congress meant for family-owned companies like the ones tied to far-right radio host Alex Jones to take advantage of special bankruptcy rules for small business owners, the debtors told a bankruptcy court.
The three corporate entities linked to Jones and his website Infowars told the Texas bankruptcy court in a filing Monday that they are suited to use small-business bankruptcy rules passed in 2019, called Subchapter V of Chapter 11 of the bankruptcy code.
Their arguments attempt to allay concerns from creditors, the U.S. Trustee, and U.S. Bankruptcy Judge Christopher Lopez over how the Jones-linked debtors qualify as engaging “in ...