It definitely sounds unconventional, just depends on whether the money the families gave up can be seen as “same as cash” in a bid format. Considering the purpose of the auction is purportedly to liquidate Jones assets in order to pay off debt owed the families, I don’t see why the court would be anything but neutral in how that bid was structured. Do you? Couldn’t the court could have just as easily handed the families this asset directly? The only useful aspect to an auction is establishing a valuation. How much is it worth in liquidation towards paying off the debt. The only issue I see is, now that they know the families were willing to take a haircut in order to obtain control over infowars, one of Jones cronies might want to come in with an inflated bid. Just to see if they’ll leave even more on the table…
Rick, even if there were problems with the auction, my point is that EVERY story is either positive for republicans or propaganda. Don’t you find it amazing that republicans haven’t made one actual mistake in the last five years, and for all the thousands of propaganda stories in that time, not a single one came from the right? What are the chances that one group of millions of Americans could be so perfect, while another almost identical group of millions of Americans could be so corrupt?
If you want to go back and check my record on these opinions here... you'll find I have been right more often than not. Wrong post, I'll have to get back to you.
Never said you werent right. I said I sorta hoped you were and it was stolen from him, just to make things worse for the piece of crap.
Bankruptcy judge rejects The Onion’s bid to buy Alex Jones’ Infowars Bankruptcy judge rejected the proposed sale, saying the auction process was not transparent and failed to maximize the value received from the sale.
AJ could have settled for a fraction of the verdict. He was the one who refused to settle, took his chances at trial, and got his ass served to him sunny side up. That verdict is 100% on him and his lawyers (even if he was following his attoneys' advice, he could have over ridden their advice, even fired them for attorneys who would wrap up deal).
Jones had great lawyers. He was never allowed to put on a proper defense. It was a Democrat show trial orchestrated by a corrupt judge who ran the trial like the movie set it was. She actually walked the red carpet at the movie premiere.
His lawyers don't sound so great, if they were so clueless about the terrain they were guiding their client through, as to lead him to a billion dollar judgment and bankruptcy, instead of a completely affordable settlement package which would have most likely been wrapped in NDA's, and avoided the PR disaster along with the financial disaster. Call it Monday morning quarterbacking, but I'm damn sure not impressed.