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Published on 12/20/2022 in the Prospect News Distressed Debt Daily.

Free Speech Systems has until mid-February to file plan

Chicago, Dec. 20 – Free Speech Systems LLC has been granted an extension on its deadline to file a Chapter 11 plan, according to an order filed with the U.S. Bankruptcy Court for the Southern District of Texas.

The company has until Feb. 17, the 60-day extension it requested.

As previously reported, Free Speech, owned by Alex Jones, who has also filed Chapter 11 bankruptcy, is currently in mediation with families of Sandy Hook shooting victims and PQPR Holdings Ltd., LLC, which asserts a claim secured by substantially all assets of the debtor.

Judge Marvin Isgur is leading the mediation process.

“The mediation is ongoing and, unless judge Isgur declares an impasse, likely to continue for months as the parties explore the possibility of settlement,” Free Speech previously said in the motion.

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


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