The Chapter 11 bankruptcy proceedings reduce all civil litigation and allow companies to prepare recovery plans while remaining operational. Alex Jones, the founder of InfoWars, was found guilty of compensation in three lawsuits filed last year after he falsely claimed that the 2012 shooting at Sandy Hook School was a hoax. Jones claimed that the shooting, which killed 20 children and six school staff at a school in Newtown, Connecticut, was carried out by gun control supporters and the mainstream media. In March, the Sandy Hook family rejected Jones’ proposal to settle their defamation suit and reopened the case. Jones had offered to pay $ 120,000 to each of the 13 plaintiffs. Each of the plaintiffs rejected the settlement offer in the court documents, saying: of their loved ones lost in Sandy Hook. “ According to court records on Sunday, InfoWars recorded its estimated assets in the area from $ 0-50,000 and estimated liabilities from $ 1 million to $ 10 million. Jones, an ardent supporter of Donald Trump, was previously summoned by the House of Representatives committee investigating the January 2021 attack on the US Capitol by Trump supporters.