Free Speech Systems: Alex Jones files separate Chapter 11 case

By Sarah Lizee

Olympia, Wash., Dec. 2 – Free Speech Systems LLC owner Alex Jones has filed personal Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of Texas.

The Friday morning filing lists $1 million to $10 million in assets and $1 billion to $10 billion in liabilities.

His largest creditors are the families of Sandy Hook victims, who hold judgment claims ranging from $2 million to $120 million.

As background, Jones’ Free Speech Systems company filed Chapter 11 bankruptcy in the Texas court in late July, citing financial distress caused by defamatory statements made by Jones and other employees following the Sandy Hook mass shooting in 2012.

In 2018, lawsuits were filed against Jones, Infowars and Free Speech Systems in Texas and Connecticut state courts. As a result of Free Speech’s bankruptcy filing, the state court litigation had been stayed initially, but the bankruptcy court modified the automatic stay to allow the litigation to continue to final judgment.

Earlier in the year, Infowars had filed bankruptcy and lined up a plan support agreement to fund $10 million to pay litigation claimants. The litigation plaintiffs sought to dismiss the case, and the court dismissed with prejudice the case of Infowars and other debtors, including Free Speech Systems, within two months of the April petition date.

Austin, Tex.-based Free Speech Systems filed its bankruptcy case on July 29 under Chapter 11 case number 22-60043.

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