Far-right website Infowars and two other companies owned by radio host Alex Jones have filed for Chapter 11 bankruptcy protection in light of several defamation lawsuits.
The filings were made in the U.S. Bankruptcy Court for the Southern District of Texas.
Chapter 11 bankruptcy procedures put a hold on pending civil litigation while letting a business keep running as it prepares a turnaround plan.
Court documents seen by CBS News show that the companies that filed were Infowars, IWHealth aka Infowars Health, and Prison Planet TV.
Infowars says in the filing that it has assets of $0 to $50,000 and liabilities of $1,000,001 to $10 million.
Judge Barbara Bellis in Waterbury, Connecticut ordered the return of the money Thursday because Jones eventually did show at a rescheduled deposition.
A lawyer for the Sandy Hook families declined to comment Friday. »