>Is the issue that there are other creditors who are unhappy with this, who would get paid before the aggrieved families' damages would? The lawyers seem to be fine with it, as they're the ones advocating for this plan...
Based on discussions I've heard on this subject, a subset of the families was pledging money they didn't have in the non-competitive bidding. This is highly questionable. They may never receive the money they claim for the purchase. So by buying a real asset on the promise of money they aren't going to get, it is taking money away from other people who are rightfully owed money. If they wanted to do it the right way they could try to borrow the money from someone, but nobody in their right mind thinks Alex Jones has this money or ever did. The size of the judgement was calculated to lead to exactly this conclusion. As you said, the judgement was orders of magnitude more than the value of his company. So you should be satisfied with that. It is not necessary for the funniest possible outcome to manifest in order for justice to be served. Alex Jones will not go away because he has rights just like anyone else, and the legal process must conclude eventually.