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Judge Rejects Sale of Infowars to The Onion (www.nytimes.com)
submitted 2 years ago by 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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[–] 3 points 2 years ago (6 children)

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

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  • [–] [S] 1 point 2 years ago (5 children)

    link pls

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  • [–] 3 points 2 years ago (4 children)

    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.

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  • [–] [S] 9 points 2 years ago (3 children)

    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.

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  • [–] 4 points 2 years ago* (1 child)

    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

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