Lopez cited problems — but no wrongdoing — with the auction process
“You got to scratch and claw and get everything you can for them,” Lopez said.
The victims gave up 750K because they wanted The Onion to have it. Lopez has had some good rulings in the past, this is not one of them.
If there were problems with the auction, fine, but don’t pretend this decision was to benefit the victims.
Did Lopez get a little promise from the new oligarchy overlords as to his legal career?
SpinfoWars says YES
“We can celebrate the judge doing the right thing with the most ridiculous, fraudulent auction known in human history,” he said.
They used to literally auction human beings, you utter waste of carbon.
The pattern of speech among conservatives always seems to be “most $negativeAdjective $noun in human history”.
Next year we make slave auctions great again
You know what would make the auction process more transparent? Don’t make it a blind auction.
On a different note, is there a Gofundme up for The Onion to make sure they win the next auction yet?
Maybe they could do it Cards Against Humanity style, and let millions of us each own a tiny slice of it.
You just described a publicly traded company.
Cards divided up an island in a lake in Maine, sold 1sqft lots
I’m not familiar with that one. I was thinking about the land along the Mexican border.
Private companies can have multiple investors.
Too late now that this got media awareness, if you believe a GoFundMe is going to raise more than some right-wing media outlet I have a bridge to sell
Well that might be true, but the silver lining is that the larger the price tag, the more the Sandy Hook victims actually get. It’s almost like duping the crooked billionaires to pay their taxes.
At this point, with all the bullshit going on, I fully expect them to get nothing regardless. Why would anything good happen?
Hey, you gotta buck up, man. You can not bring this negative energy into the tournament.
I’ll buck up when I have something to buck up for.
I doubt that is the case though.
It’s not that simple. The judge rejected the bid because it included the Sandy Hook families forgoing $750,000.
I don’t understand why this matters. The families knowingly accepted the lower bid so The Onion could try and do some good with the brand. It seems like, at the point where it’s being auctioned off with all proceeds going to the families, InfoWars should effectively be theirs to do with as they please.
Money matters. Morals don’t.
Read further. There are two judgements against Jones: one for ~$50M and one for ~$1B. In a normal bankruptcy resolution, the 8 families of the $1B judgement will get 95% of the proceeds, while the 2 families of $50M get 5%. “Sandy Hook families forgoing $750,000” means that those 8 families are effectively giving $750k of their millions to the 2 families, resulting in a more even distribution of compensation across the whole group.
Well my assumption is that the next auction will be won by the highest bidder, so your point isn’t really contradictory.
The judge did not actually order a new auction, just left the next steps up to the trustee who oversaw the first auction. The article specifically points this out so I’m not sure if this means there wr other ways it could play out besides redoing the auction.
Good rundown of why the judge is a dick for this ruling.
god damnit
Everything sucks
You really don’t know why
Edit: this was an attempt at a “break stuff” by limp bizkit. Obviously failed. Leaving it for the butthurt.
I find this weird that the judge would say they should’ve been told they can improve their offer, because in a bid process you generally will give a BAFO. If your bid wasn’t the highest, there’s no “further negotiations”. The trustee specifically chose a model where there wouldn’t be back and forth (which may or not have been best, I’m not sure).
