Re:Judge Refuses to Allow Sale of Infowars to The Onion
by pclmulqdq on Wednesday December 11, 2024 @01:57PM
(#42391381)
Yeah, the article is incorrect about that (like I said, sealed bids are very unusual in bankruptcy auctions, but the actual opinion cites the other stuff), and when I said that the auction procedure was farcical, I did not mean that the underlying algorithm of the auction was wrong, but that the procedures run by the auctioneer were awful.
Which would make sense. That's not what the article quotes as the judge's reason (nor what you've said).
The quote in the article criticises sealed bids. That's mind-blowingly wrong to the point of having substance on appeal. It's so wrong I expressed scepticism it's actually the case, scepticism based on experience evaluating bankruptcy claims.