352

Judge Rejects Sale of Infowars to The Onion (www.nytimes.com)

submitted 1 week ago by Aatube@kbin.melroy.org to c/technology@lemmy.world

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“It seemed doomed almost from the moment they decided to go to a sealed bid,” Judge Lopez said. “Nobody knows what anybody else is bidding,” he added.

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[-] stoly@lemmy.world 3 points 6 days ago

And they are interviewing retired bankruptcy judges that are apparently at a loss right now.

[-] Aatube@kbin.melroy.org 1 points 6 days ago

link pls

[-] stoly@lemmy.world 3 points 6 days ago

Sorry it was on NPR in the morning. They had someone saying that it was a perfectly standard sale and were surprised by the decision.

[-] Aatube@kbin.melroy.org 9 points 6 days ago

found it!

Bruce Markell, a former U.S. bankruptcy judge and now Northwestern law school professor, said the judge's decision was shocking and disappointing.

"It seems that the good was held hostage to the better," Markell said, and now "the costs of dealing with an obstreperous debtor [Jones] just keep mounting."

don't see the "perfectly standard" part tho. maybe he felt it could be argued to have a potentially better deal but didn't think it warranted overturning the sale.

[-] villainy@lemmy.world 4 points 6 days ago* (last edited 6 days ago)

obstreperous adjective
ob·strep·er·ous

1: marked by unruly or aggressive noisiness : clamorous
obstreperous merriment
an obstreperous argument

2: stubbornly resistant to control : unruly
obstreperous behavior
an obstreperous child

[-] Aatube@kbin.melroy.org 2 points 6 days ago

maybe he felt it could be argued to have a potentially better deal but didn't think it warranted overturning the sale.

[-] stoly@lemmy.world 2 points 6 days ago

Well that was my post day paraphrase lol. Glad you found it.

this post was submitted on 11 Dec 2024

352 points (97.3% liked)

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