All those energy boosters and fat burners couldn’t save Infowars. On Thursday, Alex Jones agreed to reorganize his personal bankruptcy to a Chapter 7 liquidation of his assets, caving to pressure from lawyers and Sandy Hook families to turn over part of the hundreds of millions he owes from civil lawsuits, CNN reports.
With the company controlling Infowars also in bankruptcy and overseen by a court agent, the move means the timetable to sell off Jones’s network and lavish homes could move rapidly to rid Jones of everything he owns. The hearing for Free Speech Systems’ bankruptcy is scheduled for next Friday after the company switched its bankruptcy to a Chapter 7 liquidation.