Infowars filed for Chapter 11 bankruptcy protection as the website's founder and conspiracy theorist Alex Jones faces defamation lawsuits over his comments that the Sandy Hook Elementary School shooting was a hoax.
The bankruptcy filing Sunday in Texas puts civil litigation on hold while the business reorganizes its finances. In its court filing, Infowars said it had estimated assets of $50,000 or less and estimated liabilities of $1 million to $10 million.
Creditors listed in the bankruptcy filing include relatives of some of the 20 children and six educators killed in the 2012 school massacre in Connecticut.
