this post was submitted on 11 Dec 2024
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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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[–] RobotToaster@mander.xyz 5 points 1 month ago (1 children)

A complicating factor here is that the Sandy Hook families (who as far as I know are the large majority of the creditors) also supported the sale.

I assume there are other creditors who didn't?

[–] Aatube@kbin.melroy.org 2 points 1 month ago

AFAIK the damages paid to the Sandy Hook families were the sole reason he went bankrupt in the first place; without them he'd be profiting.