Alex Jones' Bankruptcy Plan Offers $55 Million to Sandy Hook Families

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Alex Jones' Bankruptcy Plan Offers $55 Million to Sandy Hook Families
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Conspiracy theorist Alex Jones' latest bankruptcy plan would pay Sandy Hook families a minimum total of $55 million over 10 years, a fraction of the $1.5 billion awarded to the relatives in lawsuits against him for calling the 2012 Newtown school shooting a hoax.

Conspiracy theorist Alex Jones ' latest bankruptcy plan would pay Sandy Hook families a minimum total of $55 million over 10 years, a fraction of the $1.5 billion awarded to the relatives in lawsuits against him for calling the 2012 Newtown school shooting a hoax. The families, meanwhile, have filed their own proposal seeking to liquidate nearly all of Jones' assets, including his media company Free Speech Systems, and give the proceeds to them and other creditors.

The dueling plans, filed late Friday in U.S. Bankruptcy Court in Houston, will be debated and challenged over the next two months, with hearings scheduled for February that will result in a final order saying how much Jones will have to pay out. Jones and Free Speech Systems, based in Austin, Texas, both filed for bankruptcy last year as the families were awarded more than $1.4 billion in a Connecticut lawsuit and another $50 million in a Texas lawsuit. A third trial is pending in Texas in a similar lawsuit over Jones' hoax conspiracy filed by the parents of another child killed in the school shootin

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