Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

MayReasonRule

(1,451 posts)
Thu Mar 9, 2023, 12:41 PM Mar 2023

Alex Jones would get $520,000 salary under bankruptcy plan [View all]

Last edited Thu Mar 9, 2023, 01:35 PM - Edit history (1)

https://abcnews.go.com/US/wireStory/alex-jones-520000-salary-bankruptcy-plan-97722145


In bankruptcy usually the debtor (in this case, Free Speech Systems and Jones in the personal bankruptcy) gets first crack at proposing a plan.

The creditors have to agree. If they don’t, in some cases they can propose their own plan.

The ultimate decision is up to the court.

It's possible for other entities and individuals to propose an alternate plan with either Jones (not likely, lol) or the creditors, which might then be filed with the court.

Who might be personally would be willing to run Free Speech Systems for let's say, $250,000 a year and a mere $750,000 in bonuses and incentives?

That seems like a comparative bargain and it would free up even more cash to pay the claims filed by the Sandy Hook parents and any other creditors...

I think the court should "shop around"!



What do y'all think?


Ready, Set, Go!!!

2 votes, 0 passes | Time left: Unlimited
The Court Should Accept Alex Jones Offer
0 (0%)
The Court Should Shop Around
2 (100%)
Show usernames
Disclaimer: This is an Internet poll
6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»General Discussion»Alex Jones would get $520...