Musk's X Corp files notice in Infowars bankruptcy case

[struggle4progress]

Nov. 16, 2024, 5:01 PM EST
By Rob Wile

Attorneys for X Corp., the firm established by Elon Musk to take over Twitter, filed a notice of appearance on Thursday in the bankruptcy case of Alex Jones and his Infowars platform.

The new owners of satirical news site The Onion had been declared the successful bidders for Jones’ controversial platform, alongside families of the Sandy Hook massacre victims.

But this week, the Texas bankruptcy judge overhearing the case voiced concerns about the transparency of the auction process and called for a new hearing to discuss those potential issues ...

https://www.nbcnews.com/business/business-news/elon-musk-x-corp-alex-jones-infowars-rcna180487

[OAITW r.2.0]

1. LOL....it was a public auction.

Are RW judges going to recreate the rules that we've always lived under?

[Takket]

3. "Are RW judges going to recreate the rules that we've always lived under?"

i can answer that question for you, but you aren't going to like it..............

[yaesu]

2. just another example of how much control the richest space nazi in the world has over the best government

money can buy.

[soandso]

4. I saw a tweet about this a couple of nights ago

claiming the Onion was not the high bidder. I would think it would have to go to the high bidder, whomever that was.

[uncle ray]

9. that is not how it works.

when auctioning off assets used in crimes and settlements, there are often conditions imposed to prevent the assets from going to people associated with the criminal party or who may use the assets to commit more crimes. for example, i've seen auctions of assets purchased with proceeds of criminal organizations in the US not open to US bidders. Also, there are requirements to prove ability to complete the transaction.

[soandso]

10. Makes sense

I don't know anything about bankruptcy laws and just figured that auctions were done to get the most money possible out of the assets.

[Blue_Tires]

5. We really need to outlaw "judge shopping"

[mackdaddy]

6. The new terms of service for 'X' now required disputes be settled in Texas courts.

Some of the people leaving are citing this as one of the reasons to go to another platform.

[Attilatheblond]

7. It's the reason I threw in the twitter towel after nearly 20 years

No way in hell will I put up with Elon's tantrums going to a court in Texas.

[Midnight Writer]

8. Will the Judge get a new RV?