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Infowars Files For Bankruptcy Over Sandy Hook Defamation Lawsuits
submitted 1 year ago by Drewski from zerohedge.com
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[–]spelllingchamp 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - 1 year ago (0 children)
Ok so here's what I understand. Chapter 11 is for companies to reorganize and to continue operating. In rare cases, the companies reorganizing are actually profitable. This is legal maneuvering to avoid getting screwed over by Texas courts.
I don't know if Infowars is profitable. But in any case, the intention is for Infowars to continue operating.
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[–]spelllingchamp 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 1 fun2 insightful - 2 fun - (0 children)