“We’re all going to an evidentiary hearing and I’m going to figure out exactly what happened,” the judge, Christopher Lopez, said in an emergency hearing on Thursday afternoon. “No one should feel comfortable with the results of this auction.”

Oh bullshit.

  • azertyfun@sh.itjust.works
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    2 hours ago

    Liquidation auction efforts, logically, should pursue the option that pays out the most money.

    To whom?

    The money is going to Jones’s victims. The victims seem fine getting less money if it means InfoWars goes to someone who will destroy the brand rather than some conservatives who will pump money into it to further destroy their lives.

    Typical American “justice”. Only first world country where the death penalty is in vigor because “this is what the victims would want”, but when a plaintiff looks like they might actually get a small moral win against fascists suddenly the Law is a dispassionate machine.

    • booly@sh.itjust.works
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      10 minutes ago

      To whom?

      All the creditors, as an entire body.

      The victims seem fine getting less money

      To be clear, it’s only some of the victims that have said they’re fine with less money. The trustee has a responsibility to make sure that the creditor body as a whole gets the most money. If some subset of creditors (the families willing to reduce their claims if the Onion buys the assets) are willing to reduce their claims as part of the bid, great, they should add that money to the pile and consider it as part of the bid.

      But the families that do agree to take less money can’t force the other families to take less money. It has to be voluntary for everyone.

      And it sounds like the Jones-affiliated bidder is complaining about the auction procedures. If they followed the already-approved procedures perfectly, there’s not much to talk about there. But if they changed the procedures at the last minute, or if the actual auction followed procedures that weren’t described in the approved procedures (such as accepting creditors’ reduction of their claims as part of the bid, or not allowing “topping bids” after the sealed bids were submitted), then it’s normal to hold a hearing to make a decision on whether the auction followed the right procedures.