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Reply to "Sandy Hook Parents of Slain Children Sue Alex Jones for Defamation"
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[quote=Anonymous][quote=Anonymous]So if he declared bankruptcy for purposes of protecting his money, can they somehow pierce the veil and make him pay up? What if he hid it offshore?[/quote] I’m pretty sure that’s not how bankruptcy works. All his assets would be up for division to his creditors on a pro rata basis except for what he can shield through a homestead exemption or similar, or what the bankruptcy lawyers take (which is a lot). Piercing the veil is a different concept—if the award was against his company and they wanted his personal assets to pay it, they could do that through piercing the veil. Is this award against him personally or the companies or both? [/quote]
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