Good day and welcome to WSJ Pro Bankruptcy's Daily Briefing. It's Monday, December 9. In today's briefing, a bankruptcy judge will weigh The Onion's bid for Infowars, the online platform owned by the bankrupt provocateur Alex Jones. And listen to WSJ reporters discuss the headwinds facing makers and suppliers of electric cars from an unfriendly Trump administration.

Today: Houston judge will weigh The Onion's bid for Alex Jones's Infowars. The Onion's deal for Infowars has one more hurdle to clear: bankruptcy court.

Judge Christopher Lopez of the U.S. Bankruptcy Court in Houston is scheduled to consider the proposed sale of Infowars, the streaming website and business owned by online provocateur Alex Jones.

The trustee charged with liquidating Jones's assets has designated the satirical site The Onion as the leading bidder for Infowars, with backing from some of the Sandy Hook shooting victims whom he was found liable for defaming.

First United American Companies, a runner-up bidder associated with Jones’s new online store, ShopAlexJones.com, has sought to derail the offer put forth by the Onion’s parent company, Global Tetrahedron. Its bid was for $1.75 million in cash, half as much as the $3.5 million offered by FUAC.

Global Tetrahedron's bid also included Sandy Hook families' agreement to waive some of their recovery, which could leave more of the sale proceeds available for other creditors.

The liquidating trustee, Christopher Murray, has said in court papers that despite the higher cash offer from FUAC, the Global Tetrahedron bid offered greater value to all creditors. FUAC has argued the sale process didn't follow its own rules and made inaccurate disclosures to interested bidders.

The Onion has said it plans to relaunch Infowars as another satirical site, enlisting gun-control advocacy group Everytown for Gun Safety as an advertiser.

• Earlier: No joke: The Onion is buying Infowars

Trucker Kal Freight files for bankruptcy protection. Trucking company Kal Freight filed for bankruptcy protection, saying its financial condition has been hurt by unprofitable efforts to become a vertically integrated business and a now-questionable investment in additional vehicles during the height of the Covid-19 pandemic.

• Trump victory could send electric-vehicle makers into a tailspin. Makers and suppliers of electric cars are dealing with diminishing cash, uneven sales and prospects of an unfriendly Trump administration Several high-profile companies, including electric SUV maker Fisker and bus manufacturer Arrival, filed for bankruptcy earlier this year. Swedish-based battery maker Northvolt became the latest casualty last week, filing for Chapter 11 after BMW canceled a key order.
  
  At least a dozen other startups, specializing in electric vehicles or batteries, are at risk of running out of cash by next summer, according to a Wall Street Journal analysis of their most recent filings.

Correction: CarePoint Health, a three-hospital nonprofit system in New Jersey, and its creditors have asked Delaware Bankruptcy Judge Kate Stickles to appoint a mediator in its case. A newsletter entry from Friday incorrectly referred to the judge as Stacey Jernigan.

Share your tips, suggestions and feedback with the WSJ Pro Bankruptcy team: Soma Biswas; Alexander Gladstone; Jodi Xu Klein; Akiko Matsuda; Alicia McElhaney; Andrew Scurria; Becky Yerak. 

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