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Re:Judge Refuses to Allow Sale of Infowars to The Onion by acomjean on Wednesday December 11, 2024 @12:48AM (#42385158)
Selling to a business involved with the individual that lost in court.. It seems like a Fraudulent Conveyance to my non lawyer self (but I could be wrong)

https://en.m.wikipedia.org/wiki/Fraudulent_conveyance

Re:Judge Refuses to Allow Sale of Infowars to The Onion by rfw300 on Wednesday December 11, 2024 @12:53AM (#42385180)
It's not a good outcome, but it's also not fraudulent conveyance. Principally because the proceeds of the sale go to the victims.
Re:Judge Refuses to Allow Sale of Infowars to The Onion by ipaddr on Wednesday December 11, 2024 @01:24AM (#42385312)
They go to the creditors including his primary sponsor. This is not a bad outcome it's the only correct legal outcome.

What you are saying is we should allow a creditor (of many) to sell an asset to whoever they choose at a lower market rate because it's the right political move in this one case. Why wouldn't those rules be applied in other cases.. you can sell any asset for a dollar to yourself and the bankrupt person will still be on the hook for the total debt minus a dollar. Letting a single creditor value assets below marketrate and direct a sale to someone they wanted would be a completely unfair process.

Re:Judge Refuses to Allow Sale of Infowars to The Onion by redeux on Wednesday December 11, 2024 @03:06PM (#42392244)
This isn’t about politics, it’s about justice. The only reason politics is even in the equation is because Jones has made his living as a political blatherskite.
Re:Judge Refuses to Allow Sale of Infowars to The Onion by johnnyanmac on Wednesday December 11, 2024 @04:07PM (#42392985)
Law is almost inherently poliical. Politics was in the equation the moment Jones decided to pretend a tragic school shooting was fake news.
Re:Judge Refuses to Allow Sale of Infowars to The Onion by redeux on Wednesday December 11, 2024 @05:56PM (#42393981)
So where is justice in this equation then?
Re:Judge Refuses to Allow Sale of Infowars to The Onion by johnnyanmac on Thursday December 12, 2024 @12:16AM (#42396435)
[delayed]
Re:Judge Refuses to Allow Sale of Infowars to The Onion by redeux on Thursday December 12, 2024 @06:04AM (#42398183)
That’s a legal remedy not justice. Justice wouldn’t let Jones potentially buy back the company using money the siphoned off and hid from the court.
Re:Judge Refuses to Allow Sale of Infowars to The Onion by johnnyanmac on Thursday December 12, 2024 @06:08AM (#42398197)
I agree. I never said there weren't loopholes in the remedy. We'll see if they manage to close it off.
Re:Judge Refuses to Allow Sale of Infowars to The Onion by pyrale on Wednesday December 11, 2024 @04:41PM (#42393293)
That is not what happened, though.

One group of creditors said they were willing to abandon some of their claims, which means other creditors would have gotten a larger share of the smaller bid, effectively making these other creditors better off.

Re:Judge Refuses to Allow Sale of Infowars to The Onion by avs733 on Wednesday December 11, 2024 @09:42AM (#42388169)
>A transfer will be fraudulent if made with actual intent to hinder, delay, or defraud any creditor.

If they get it less, later, or more chaotically, or if that was the intent it is.

Re:Judge Refuses to Allow Sale of Infowars to The Onion by munk-a on Wednesday December 11, 2024 @09:58AM (#42388370)
The proceeds of the sale will not come close to the value of the judgement - and Jones has acted extremely dishonestly through the process and repeatedly tried to move value from his company to his parents and other affiliate companies. I don't believe it's a fraudulent conveyance but there's a lot of awful happening here.
Re:Judge Refuses to Allow Sale of Infowars to The Onion by citizenkeen on Wednesday December 11, 2024 @01:06AM (#42385237)
It’s not. You are.
Re:Judge Refuses to Allow Sale of Infowars to The Onion by pclmulqdq on Wednesday December 11, 2024 @01:48PM (#42391294)
The fraudulent conveyance may have been the move of the vitamin company itself, but the purchase in bankruptcy wouldn't be a fraudulent transation.
Re:Judge Refuses to Allow Sale of Infowars to The Onion by paulryanrogers on Wednesday December 11, 2024 @05:50PM (#42393924)
Letting Jones buy back his 'bankrupt' assets using money he fraudulently hid goes against the spirit of the law, even in the purchasing phase.

This guy should be living in his parents basement and barred from publishing on any significant media platforms. He's proven willing to exploit victims for personal gain to the tune of the millions of dollars.

Re:Judge Refuses to Allow Sale of Infowars to The Onion by noworriesnate on Friday December 13, 2024 @09:19AM (#42408599)
Why? The creditors still get paid regardless.
Re:Judge Refuses to Allow Sale of Infowars to The Onion by paulryanrogers on Friday December 13, 2024 @02:52PM (#42411725)
Why should Jones be stopped from hiding assets from bankruptcy?

Or why should he be prohibited from profiting from exploitation of crime victims via broadcast platforms?

Regardless of whether victims get paid money, they were harmed emotionally by Jones's outsourced harassment. They don't need money. They need justice in the form of peace from harassment. And Jones seems set on exploiting them and the courts for his own enrichment.

Re:Judge Refuses to Allow Sale of Infowars to The Onion by grepfru_it on Sunday December 15, 2024 @01:23PM (#42424986)
Very odd that the judge didn’t write his or her reasoning in his ruling..
Re:Judge Refuses to Allow Sale of Infowars to The Onion by cyanydeez on Thursday December 12, 2024 @05:10PM (#42403944)
Unfortunately, norms aren't going to stop this company from reharming it's victims.