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3 minutes ago, Captainant said:

It's surprising that the bankruptcy judge would ignore the will of the largest creditors that are getting almost the entire plate either way. 

 

But sure, selling the whole thing back to his daddy at a cut rate - against the preferred business plan of the creditors - is DEFINITELY the most pragmatic solution.

I guffaw, sir.  I see bankruptcy judges ignore the will of creditors on the daily.  It is in their nature to do so because by nature of the bankruptcy system, walking in the door creditors are unhappy they're going to take a haircut and have to ask for more than they know they'll get. 

The law is Debtor friendly, not creditor.  And in my experience, bankruptcy judges more often lean towards the Debtors, because that's who keeps showing up at the courthouse represented by law firms they want to work for in the future.  At least that's true in what I see, in higher profile Chapter 11 cases.   

I don't think "pragmatic" is mentioned in the Bankruptcy Code.  And the whole issue here wasn't that daddy was getting a sweetheart deal, it was that Daddy's backers put more money on the table.  THAT is what is at issue. I say again, it's money that matters in this context.  Cash money, today.  

We can agree that it was fun, and felt just that The Onion bought out InfoWars.  At a personal level, that's what I'd like to see happen.  I want the parents to get what they want.  But I also recognize that if there was more money from another source, the Trustee left open the door to questioning the results of the auction.  Moreover, it put the Judge in a position of having to make that inquiry not to be overturned on appeal.  That's the practical reality of why this case is where it is.  

 

 

 

 

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9 minutes ago, Chad Fuck said:

Moreover, it put the Trump Judge in a position of having to make that inquiry not to be overturned on appeal in the Trump judicial system.  That's the practical reality of why this case is where it is.  

ftfy

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14 minutes ago, Captainant said:

ftfy

No.  Bankruptcy judges are not article III judges.  They aren't appointed and don't serve for life. 

The DOJ puts up an advertisement like any other job, and bankruptcy attorneys apply for it.  It's an insular system with its problems.  It's much more political on a local level (which big firm's fair haired boy will become the bk judge?  Where will they want to work afterwards, and with whom?  What business can they bring to the courthouse because people know and like them?  These are the questions that get asked rather than will "he want to give Alex Jones a pass because he's our boy" level.   In short, bankruptcy judges are more often cut from country club Republican cloth.  They are not typically political radicals.  

 

 

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4 minutes ago, Chad Fuck said:

In short, bankruptcy judges are more often cut from country club Republican cloth.  They are not typically political radicals.  

Same could be said for SCOTUS nominees and cabinet nominees in times long gone.  But I'm sure bankruptcy judge appointments have avoided corruption.

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11 minutes ago, Fudge Nuggets said:

Same could be said for SCOTUS nominees and cabinet nominees in times long gone.  But I'm sure bankruptcy judge appointments have avoided corruption.

Listen, I'm not saying they don't exist.  I'm saying what I've seen doesn't lead me to believe that it's particularly wide spread.  There have been plenty of bankruptcy court decisions I don't agree with, but I've never seen one and said, "Oh yeah, this jurist is hardcore MAGA."  

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8 hours ago, Chad Fuck said:

I guffaw, sir.  I see bankruptcy judges ignore the will of creditors on the daily.  It is in their nature to do so because by nature of the bankruptcy system, walking in the door creditors are unhappy they're going to take a haircut and have to ask for more than they know they'll get. 

The law is Debtor friendly, not creditor.  And in my experience, bankruptcy judges more often lean towards the Debtors, because that's who keeps showing up at the courthouse represented by law firms they want to work for in the future.  At least that's true in what I see, in higher profile Chapter 11 cases.   

I don't think "pragmatic" is mentioned in the Bankruptcy Code.  And the whole issue here wasn't that daddy was getting a sweetheart deal, it was that Daddy's backers put more money on the table.  THAT is what is at issue. I say again, it's money that matters in this context.  Cash money, today.  

We can agree that it was fun, and felt just that The Onion bought out InfoWars.  At a personal level, that's what I'd like to see happen.  I want the parents to get what they want.  But I also recognize that if there was more money from another source, the Trustee left open the door to questioning the results of the auction.  Moreover, it put the Judge in a position of having to make that inquiry not to be overturned on appeal.  That's the practical reality of why this case is where it is.  

 

7 hours ago, Chad Fuck said:

No.  Bankruptcy judges are not article III judges.  They aren't appointed and don't serve for life. 

The DOJ puts up an advertisement like any other job, and bankruptcy attorneys apply for it.  It's an insular system with its problems.  It's much more political on a local level (which big firm's fair haired boy will become the bk judge?  Where will they want to work afterwards, and with whom?  What business can they bring to the courthouse because people know and like them?  These are the questions that get asked rather than will "he want to give Alex Jones a pass because he's our boy" level.   In short, bankruptcy judges are more often cut from country club Republican cloth.  They are not typically political radicals.  

I agree with all of that.  I had a bankruptcy hearing this morning, trying to get a judge to approve the settlement of a case where my client filed a chapter 13 while their lawsuit was going on, which effectively made the bankruptcy trustee the client instead of….the client.    

You have to ask the court to appoint you as special counsel to represent the estate, and judges don’t like to give you your contractual 40% fee unless you have extraordinary circumstances. They want to (shock) give them money to creditors instead.

Things were not going well until I mentioned I had been posting on Shaggy and Surly for over a decade, but hadn’t been banned yet.   BANG! 40% approved!

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23 hours ago, Chad Fuck said:

Listen, I'm not saying they don't exist.  I'm saying what I've seen doesn't lead me to believe that it's particularly wide spread.  There have been plenty of bankruptcy court decisions I don't agree with, but I've never seen one and said, "Oh yeah, this jurist is hardcore MAGA."  

I don't think this judge is MAGA. I think he wants Trump to give him a sweet lifetime job so did his boy a solid.

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2 hours ago, Gap03 said:

If these jackasses keep getting lifelines from Trump and the MAGA judiciary, I suspect it's just a matter of time before some folks like Alex end up getting Luigi'ed.

Inshallah!

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On 12/11/2024 at 10:49 AM, Chad Fuck said:

I guffaw, sir.  I see bankruptcy judges ignore the will of creditors on the daily.  It is in their nature to do so because by nature of the bankruptcy system, walking in the door creditors are unhappy they're going to take a haircut and have to ask for more than they know they'll get. 

The law is Debtor friendly, not creditor.  And in my experience, bankruptcy judges more often lean towards the Debtors, because that's who keeps showing up at the courthouse represented by law firms they want to work for in the future.  At least that's true in what I see, in higher profile Chapter 11 cases.   

I don't think "pragmatic" is mentioned in the Bankruptcy Code.  And the whole issue here wasn't that daddy was getting a sweetheart deal, it was that Daddy's backers put more money on the table.  THAT is what is at issue. I say again, it's money that matters in this context.  Cash money, today.  

We can agree that it was fun, and felt just that The Onion bought out InfoWars.  At a personal level, that's what I'd like to see happen.  I want the parents to get what they want.  But I also recognize that if there was more money from another source, the Trustee left open the door to questioning the results of the auction.  Moreover, it put the Judge in a position of having to make that inquiry not to be overturned on appeal.  That's the practical reality of why this case is where it is.  

 

 

 

 

Yep, everything else aside, a cash bid that was 100% higher, in cash, is going to be hard to beat in the context of a bankruptcy or foreclosure sale, no matter what creditors agree to.

And, this is really only debtor-friendly in the most roundabout way.  Alex Jones is out of this picture, strictly speaking, and his assets are up for bid.  In that context, money talks.

That the highest cash bidder had some affiliation with Jones, or even was going to give everything back to him, is, in the first instance, irrelevant, because money talks bullshit walks.  The "moral desirability" of that could have come into play, but not when the cash component of the winning bidder is half that of the losing bidder.

Edited by TwiceHorn
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On 12/11/2024 at 6:40 AM, Captainant said:

Lol some corrupt old asshole judge is Houston said that the auction was unfair and homes shouldn't have lost. Of fucking course the legal system protected this racist and fascist fuck. 

https://www.nbcnews.com/tech/internet/bankruptcy-judge-rejects-onions-bid-buy-alex-jones-infowars-rcna183453

 

Just because the judge comes to an outcome that you don't like doens't make them corrupt or a fascist enabler except in a facile, but-for kind of way.

There were irregularites in the auction, nothing fatal per se, but combine that with some collusion with the creditors and its not surprising that it had to be set aside.  Especially when you consider the cash component of the losing bid was double that of the winning bid.  That's just rarely going to fly.

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On 12/11/2024 at 11:21 AM, Chad Fuck said:

No.  Bankruptcy judges are not article III judges.  They aren't appointed and don't serve for life. 

The DOJ puts up an advertisement like any other job, and bankruptcy attorneys apply for it.  It's an insular system with its problems.  It's much more political on a local level (which big firm's fair haired boy will become the bk judge?  Where will they want to work afterwards, and with whom?  What business can they bring to the courthouse because people know and like them?  These are the questions that get asked rather than will "he want to give Alex Jones a pass because he's our boy" level.   In short, bankruptcy judges are more often cut from country club Republican cloth.  They are not typically political radicals.  

 

 

Minor quibble, they are appointed, just not by the President with the advice and consent of the Senate.  They are appointed by the Chief Judge of the Court of Appeals, in this case, the Fifth Circuit, which is probably not much of improvement on Trump himself.  https://www.law.cornell.edu/uscode/text/28/152

Nonetheless, FedSoc doesn't usually or at all concern itself with BK judges because about the only thing less political is the patent judges at the Federal Circuit.  Or maybe better still the ALJs at Patent Trial and Appeal Board, which also aren't Article I.

Also, BK judges, like most of them, take a pay cut relative to their likely professional status prior to appointment.  But, unlike district court judges, there's almost zero further judicial career awaiting them after their 14 year appointment.  Hardly any, and probably no, bankruptcy judge has been appointed to a Court of Appeals (other than a specialized Bankruptcy Appeal Panel), or to the Supreme Court.

There are, however, professional/pecuniary bonuses to be had after serving as a BK judge.

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16 hours ago, TwiceHorn said:

Minor quibble, they are appointed, just not by the President with the advice and consent of the Senate.  They are appointed by the Chief Judge of the Court of Appeals, in this case, the Fifth Circuit, which is probably not much of improvement on Trump himself.  https://www.law.cornell.edu/uscode/text/28/152

Nonetheless, FedSoc doesn't usually or at all concern itself with BK judges because about the only thing less political is the patent judges at the Federal Circuit.  Or maybe better still the ALJs at Patent Trial and Appeal Board, which also aren't Article I.

Also, BK judges, like most of them, take a pay cut relative to their likely professional status prior to appointment.  But, unlike district court judges, there's almost zero further judicial career awaiting them after their 14 year appointment.  Hardly any, and probably no, bankruptcy judge has been appointed to a Court of Appeals (other than a specialized Bankruptcy Appeal Panel), or to the Supreme Court.

There are, however, professional/pecuniary bonuses to be had after serving as a BK judge.

OK, sure.  They get "appointed" once they've been vetted to be a good ole boy/girl by the local bankruptcy bar and DOJ has had their say.  But I think we're both agreeing that they are not judges in the Article III sense that was implied upthread. 

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The Onion responds.

Quote
 
 
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InfoWars Is Not Our Problem


Friday, December 13, 2024

 
 

Greetings, Onionati.

 

 

These are intriguing times to be a multinational media conglomerate.

 

In recent months, Global Tetrahedron attempted to purchase InfoWars in a legal auction. While we were originally awarded the bid, the court delayed the sale, leaving the situation unresolved for the moment.

 

Global Tetrahedron does not currently own InfoWars.

 

It may seem like it’s all over and that Global Tetrahedron’s efforts have failed. We would like to remind everyone that Global Tetrahedron and its many subsidiaries do NOT fail. We simply were extremely successful in not acquiring InfoWars right now.

 

We plan to look at our legal and financial options in Q1 of 2025 to see if we can turn this victory into a different, possibly better, victory. One in which we own InfoWars and its many assets.

 

Make no mistake, Global Tetrahedron shall continue to absorb corporations and make them part of our sprawling media empire at a furious rate, one unseen in modern times. In the meantime, we urge you to add your friends to the 4.3 trillion humans who are part of America’s Finest Membership by sending them a gift subscription to The Onion.

 

Infinite Growth Forever,

The Global Tetrahedron Communication Station

 

 

 

 

 

 

 

 

 

 

Signing up for The Onion membership page automatically installs you, personally, into the Global Tetrahedron family of products. This means you will receive emails from the parent company when brand-shaking events occur. These communications also allow subsidiary employees to proactively cull their own staff based on the scant information included within.

 

 

 
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Copyright (C) 2024. All rights reserved.
 Global Tetrahedron LLC dba The Onion · 2045 W Grand Ave Ste B PMB 479693 · Chicago, Illinois 60612-1577 · USA

 

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1 hour ago, Chad Fuck said:

OK, sure.  They get "appointed" once they've been vetted to be a good ole boy/girl by the local bankruptcy bar and DOJ has had their say.  But I think we're both agreeing that they are not judges in the Article III sense that was implied upthread. 

Absolutely.  Not contradicting, just elaborating some before the conspiracy brigade shows up.  Also, turns out, Lopez was literally appointed by Carl Stewart, Chief Judge at the time.  Stewart is a black Clinton appointee.

Edited by TwiceHorn
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https://theonion.com/a-message-of-hope-from-global-tetrahedron/?mc_cid=3479afbf6b

Spoiler

A Message Of Hope From Global Tetrahedron

By Bryce P. Tetraeder, Global Tetrahedron CEO

 
GT_16x9_Banner_IHA_GR.jpg?w=1024
 

Published:

December 13, 2024
 
1-Bryce_Tetraeder_BOARD_IHA_GR-R.jpg?w=8 Bryce P. Tetraeder

We have taken another proud, collective stride toward dystopia.

A bankruptcy court has denied the sale of InfoWars following a month of drawn-out legal proceedings. The experience was long and punishing for all involved, and the final outcome is inconclusive: The InfoWars assets remain in limbo. Everything is now in doubt and everyone is worse off than before.

In short, it is the kind of world we at Global Tetrahedron have always envisioned. One in which wealth begets wealth, power begets power, and the process itself inflicts daily suffering on innocent parties for no reason.

On a personal level, witnessing this saga has been nothing short of inspiring. To see such naked contempt for truth and humanity—to have front-row seats as a parade of mercenary goons disfigure the English language with blunt-force bravado—is a dream come true for the 10-year-old boy in me who grew up idolizing greats like George Wallace and Idi Amin.

And as I reflect on how lucky I am, I find myself wishing others could share in this experience. I believe that everyone, at least once in their life, should know the joy of being locked in a byzantine financial struggle to own InfoWars.com.

That is why my message to you today is one of hope. This is not the end for Global Tetrahedron. When the night seems dark, we can still make it darker and profit from darkness arbitrage markets. When the world seems to have died, it is possible to extract significant economic value from its slouching corpse. And no matter what, transnational global capital always wins.

So as we close this long chapter of uncertainty and dread and immediately open another much longer chapter of uncertainty and dread, I hope you will all follow along. Untapped acres of time stretch forward without limit, and the name on the deed is ours.

Your role will soon become clear. Stand by.

Infinite Growth Forever,

Bryce P. Tetraeder, Global Tetrahedron CEO

 

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Watching “A scanner darkly” tonight . Hadn’t seen it in years. Directed by Richard Linklater with a great cast.  Odd but I’ve always liked it. First time I realized that Alex Jones is in it. I guess I never noticed or haven’t seen it since I was aware of who he was.

kinda ruins it for me, but at least his character is tazed and hauled off by the cops.

Edited by Nice Guy Eddie
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Watching “A scanner darkly” tonight . Hadn’t seen it in years. Directed by Richard Linklater with a great cast.  Odd but I’ve always liked it. First time I realized that Alex Jones is in it. I guess I never noticed or haven’t seen it since I was aware of who he was.
kinda ruins it for me, but at least his character is tazed and hauled off by the cops.

Pre 9/11 Alex Jones was between innocuous and a nuisance on local radio and public access. Once everything was a false flag, then he became a problem.
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1 hour ago, Eskimohorn said:


Pre 9/11 Alex Jones was between innocuous and a nuisance on local radio and public access. Once everything was a false flag, then he became a problem.

Yep. He was just a running joke to us in the 90s. The crazy guy on access. We'd watch his show for giggles. We never imagined he'd end up as well-known as he is. Such a POS.

Edited by wood
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4 hours ago, wood said:

Yep. He was just a running joke to us in the 90s. The crazy guy on access. We'd watch his show for giggles. We never imagined he'd end up as well-known as he is. Such a POS.

I can’t remember if his show was before, or after, Ask Lydia Love. That’s how I became aware of him. He never held my attention. Unlike Lydia.

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7 hours ago, wood said:

Yep. He was just a running joke to us in the 90s. The crazy guy on access. We'd watch his show for giggles. We never imagined he'd end up as well-known as he is. Such a POS.

I am not proud of my 8th grade self but Jones would ramble on about some conspiratorial bullshit, ask for callers input and I would call and when he picked up I would say "You seem like a total f@g." He would immediately hang up.

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26 minutes ago, Cousin Strawberry said:

I am not proud of my 8th grade self but Jones would ramble on about some conspiratorial bullshit, ask for callers input and I would call and when he picked up I would say "You seem like a total f@g." He would immediately hang up.

Yeah I think we were watching when you did that lol.

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Just now, Eskimohorn said:


Its complicated. Post Cold War things got shaky for right wingers until Ruby Ridge. He was a firm bothsider deepstatist after 9/11 in order to adapt to the mental gymnastics necessary for Bush/Cheney.

It's really not complicated. Bush/Cheney and the neocons were way too far left/"globalist" for the paleoconservative right, which Jones has always been a part of.   

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