According to the 30-page plan submitted on Friday, Jones offered to pay a lump sum of at least $5.5m a year, to be shared among the plaintiffs. The payment would also be accompanied by a percentage of his personal annual revenue, and a slice of Infowars revenue. His debt would be considered satisfied after 10 years.
This is the plan in need of court approval that is being referenced.
You know, when a court imposes an excessive fine in an attempt to destroy someone, they aren't likely to offer a reasonable payment plan.
In November, the families’ lawyers proposed a settlement of at least $8.5m annually for 10 years.
https://www.theguardian.com/us-news/2023/dec/16/alex-jones-55m-sandy-hook-families-billion-dollar-judgment
According to the 30-page plan submitted on Friday, Jones offered to pay a lump sum of at least $5.5m a year, to be shared among the plaintiffs. The payment would also be accompanied by a percentage of his personal annual revenue, and a slice of Infowars revenue. His debt would be considered satisfied after 10 years.
This is the plan in need of court approval that is being referenced.
It's both. The sloppy journalism makes it unclear, but any settlement would require court approval.