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Alex Jones doesn’t own any IP any more. His bankruptcy estate owns the shares in the business that used to be his. So Alex Jones can’t sue for any infringement. In fact Alex Jones continued to illegally use the studio and the branding for months after he lost the rights to do so.
In theory Jones’s bankruptcy estate’s liquidator / administrator could sue on behalf of the estate. But that guy was trying to award the auction to the Onion in the first place.
The Onion tried to strike a short term lease deal, which hasn’t been approved yet. So they’re just going to make the lease payments to the plaintiffs directly for the time being.
And they think they’re in a pretty legally defensible situation, because, hey, who’s going to sue them?
By the way, the court ruled that the judgement can’t by discharged in bankruptcy. So Jones is coming out of bankruptcy, and he still owes the full amount (less whatever is collected from the Onion) personally. He doesn’t get a clean slate. Any future income of his can be garnished and assets seized down to some minimum. For the rest of his life.
Alex Jones doesn’t own any IP any more. His bankruptcy estate owns the shares in the business that used to be his. So Alex Jones can’t sue for any infringement. In fact Alex Jones continued to illegally use the studio and the branding for months after he lost the rights to do so.
In theory Jones’s bankruptcy estate’s liquidator / administrator could sue on behalf of the estate. But that guy was trying to award the auction to the Onion in the first place.
The Onion tried to strike a short term lease deal, which hasn’t been approved yet. So they’re just going to make the lease payments to the plaintiffs directly for the time being.
And they think they’re in a pretty legally defensible situation, because, hey, who’s going to sue them?
By the way, the court ruled that the judgement can’t by discharged in bankruptcy. So Jones is coming out of bankruptcy, and he still owes the full amount (less whatever is collected from the Onion) personally. He doesn’t get a clean slate. Any future income of his can be garnished and assets seized down to some minimum. For the rest of his life.
keep going, I’m almost there