“Jones has a right that his assets not be sold unreasonably as a fire sale or for an illegitimate purpose, but that the process allows the opportunity for bona fide and fair bidding,” Lovell told Newsweek.
“If The Onion’s intent is to make a joke of all this and purposefully seek to ruin the asset at the expense of Jones receiving a more fair and reasonable bid, this would be grounds to disallow the sale.”
Jones’ assets have never been used for a legitimate purpose.
Elon musk is involved. A big payout or threat to the judge is all that is needed for them to avoid the onion winning this case.
👍 The presidency was easy for Elon to buy. A small judge case is nothing.
I do not like this. I do not like this at all.
The whole auction was basically a continuation of the war between Alex Jones and the families he defamed, as the only two bidders were someone bidding on Jones’ behalf and the Onion, with the backing of the families. There seems to be concerns over if this is in the best interest of Jones, the desires of the Sandy Hook families seems to be being ignored, and there is a very real possibility that this judge could rule (legally or otherwise) that the Onion’s bid is disqualified and since Jones’ associate is the only other bidder, he wins. Jones essentially keeps Infowars, continues on with business as usual, and probably takes a giant shit on the Sandy Hook families as his victory lap.
If no one bid higher, that IS the market value of the asset
There were two bidders total. The other party bid more cash. But the onion had backing of the parents who put up some of the debt Jones owed, bringing the onion’s total bid, cash plus debt relief as greater total.
The problem is that someonedid outbid the Onion…