![]() The judgments against Jones personally can still be collected, he said, but their scale might force him to file for individual bankruptcy. Horton said that Jones’ company’s bankruptcy is likely to complicate and draw out the Sandy Hook families efforts to collect on their judgments. Hello Select your address Car & Motorbike. They say Jones also drew a $1.4 million annual salary from the company at a time that he claimed it was operating at a net loss. DASHDAQ Drew Tech Mongoose Chrysler Pro OEM Diagnostics and Programing Cable Chrysler : Amazon.in: Car & Motorbike. The Sandy Hook families have alleged in bankruptcy court filings that after they brought their defamation cases Jones began “diverting assets” out of Free Speech Systems, totaling in 20 to more than $60 million. He said at the time that he was “totally maxed out” financially. Jones told a court his company had estimated assets of $50,000 or less and estimated liabilities of $1 million to $10 million. Complicating matters is the fact that Jones is seeking bankruptcy protection for his company.įree Speech Systems, Infowars’ parent company, filed for Chapter 11 bankruptcy in July.
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