- Associated Press
Sandy Hook families ask bankruptcy judge to liquidate Alex Jones' media company
Relatives of victims of the Sandy Hook Elementary School shooting are asking a bankruptcy judge to liquidate conspiracy theorist Alex Jones' media company, including Infowars, instead of allowing him to reorganize his business as they seek to collect on $1.5 billion in lawsuit verdicts against him. Lawyers for the families filed an emergency motion Sunday in U.S. Bankruptcy Court in Houston, saying Free Speech Systems has “no prospect” of getting a reorganization plan approved by the court and has “failed to demonstrate any hope of beginning to satisfy" their legal claims, which relate to Jones calling the 2012 school shooting a hoax. A hearing in Free Speech Systems' bankruptcy case was scheduled for Monday related to a dispute over the company's finances.
- Associated Press
California firefighters make significant progress against wildfire east of San Francisco Bay
California's largest wildfire so far this year was significantly surrounded Monday after blackening a swath of hilly grasslands between San Francisco Bay and the Central Valley. The Corral Fire was 75% contained after scorching more than 22 square miles (57 square kilometers) during the weekend, the California Department of Forestry and Fire Protection said. One home was destroyed and two firefighters were injured.
- Reuters
Skydance awaits word on its enhanced bid for Paramount
Skydance Media on Monday was awaiting a response to its enhanced bid for entertainment conglomerate Paramount Global, in which it offered to buy nearly half of the nonvoting Paramount shares at $15 each, according to a source familiar with the matter. "We received the financial terms of the proposed Paramount/Skydance transaction over the weekend and we are reviewing them," said a spokesperson for movie theater owner National Amusements, which holds 77% of Paramount's class A voting stock. The new proposal follows months of negotiations between Santa Monica, California-based independent studio Skydance and Paramount, which, like other media companies, has been hit by the decline of the traditional television industry.
