Infowars on Sunday filed for voluntary Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of Texas in the face of multiple defamation lawsuits.
Chapter 11 bankruptcy procedures put a hold on all civil litigation matters and allow companies to prepare turnaround plans while remaining operational.
Alex Jones, founder of Infowars, was found liable for damages in a trio of lawsuits last year filed after he falsely claimed that the 2012 Sandy Hook school massacre was a hoax.
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