That means that all debts will be debated in court for the best interest of all parties. Ex: Alex Jones can only pay 1.5 Billion if he keeps his job and keeps working and doing Alex Jones things, so don’t take anything away that prevents Alex Jones from doing his job. (etc. etc.)
USA has a ton of protections to people who declare bankruptcy that no other country has. For better or worse, everyone (including Alex Jones) gets these protections.
You sure that’s how it works? I thought Alex Jones appealed his judgement. And definitely didn’t have 1.5Billion to just pay the court with.
Alex Jones declared bankruptcy protection.
That means that all debts will be debated in court for the best interest of all parties. Ex: Alex Jones can only pay 1.5 Billion if he keeps his job and keeps working and doing Alex Jones things, so don’t take anything away that prevents Alex Jones from doing his job. (etc. etc.)
USA has a ton of protections to people who declare bankruptcy that no other country has. For better or worse, everyone (including Alex Jones) gets these protections.
Hence bankruptcy filing. It freezes all the assets.
That’s how it works in federal court, as in this case.
Jones was sued in Connecticut state court, where the procedure might be different.
Thanks for explaining.