The Onion’s bid for the conspiracy website was supported by the families of victims of the Sandy Hook shooting and a nonprofit focused on ending gun violence.

“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.

  • SkaveRat@discuss.tchncs.deEnglish
    25·
    16 days ago

    Problem is why did that auction even happen or rather was allowed if it was technically now allowed for a bankrupcy case?

    Feels like intentional so they can go “well, we don’t like the winner. time to revoke it”

    • Aatube@kbin.melroy.orgOP
      101·
      16 days ago

      Apparently Jones chose a sham for his trustee who decided how to run the auction

      Edit: “sham” as in how Jones saw it. After receiving only 2 bids, Murray—the trustee—decided to only solicit best and final offers instead of following the original open auction procedure; the court didn’t expect changing those rules, but the change was completely within the trustee’s power. Though both bidders had no objections to the changed rules, the lost bidder and Jones did after the results came out and sued, and the court felt like Murray should’ve done something else (while clarifying that they felt Murray acted in good faith).