> Jones had offered to pay $120,000 to each of the 13 plaintiffs to settle the case.
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> According to Sunday's court filings, InfoWars listed its estimated assets in the range of $0-$50,000
I read this as: Jones has enough personal funds to pay a large settlement, but keeps InfoWars intentionally small and easy to bankrupt. But I don't understand what the two have to do with one another. What does bankrupting InfoWars have to do with his personal crime? Is this a corporate veil thing? The article doesn't make this clear at all.
...
> According to Sunday's court filings, InfoWars listed its estimated assets in the range of $0-$50,000
I read this as: Jones has enough personal funds to pay a large settlement, but keeps InfoWars intentionally small and easy to bankrupt. But I don't understand what the two have to do with one another. What does bankrupting InfoWars have to do with his personal crime? Is this a corporate veil thing? The article doesn't make this clear at all.