Alex Jones-run Infowars files for bankruptcy

The far-right website Infowars has filed for Chapter 11 bankruptcy protection, as founder Alex Jones faces a handful of lawsuits including several related to his comments after 2012 mass shooting at the Sandy Hook Elementary School in Connecticut.

Representatives for the site filed this past weekend in the U.S. Bankruptcy Court for the Southern District of Texas.

Chapter 11 allows companies to continue operations as plans for financial reorganization take shape. It also places a hold on all civil litigation suits. Jones' other companies – Infowars Health and Prison Planet TV – also filed in the Texas court, according to CBS News.

In the filing, Infowars claims it has assets valued at $0-$50,000, and liabilities ranging from $1 million to $10 million.