The Associated Press reports:
Sandy Hook families who won nearly $1.5 billion in legal judgments against conspiracy theorist Alex Jones for calling the 2012 Connecticut school shooting a hoax have offered to settle that debt for only pennies on the dollar — at least $85 million over 10 years.
The families’ lawyers offered Jones two options: either liquidate his estate and give the proceeds to creditors or pay them at least $8.5 million a year for 10 years — plus 50 percent of any income over $9 million per year.
During a court hearing in Houston, Jones’ personal bankruptcy lawyer, Vickie Driver, suggested Monday that the $85 million, 10-year settlement offer was too high and unrealistic for Jones to pay.
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Sandy Hook families offer to settle Alex Jones’ $1.5 billion legal debt for a minimum of $85 million https://t.co/AJOF4SRX8r
— The Associated Press (@AP) November 28, 2023