Federal Judge Dismisses NRA Bankruptcy Case; ‘Not in Good Faith’
Ammoland Inc. Posted on
Federal Judge Dismisses NRA Bankruptcy Case; ‘Not in Good Faith’ IMG NRA-ILA
U.S.A. –-(AmmoLand.com)- A federal bankruptcy judge in Texas has handed the National Rifle Association a stinging defeat in the organization’s effort to leave New York State, where it has been incorporated since 1871, and relocate in Texas.
The ruling by Judge Harlin Hale sets the stage for New York State Attorney General Letitia James to move ahead with her lawsuit that seeks to dissolve the association, according to Bloomberg News. The ruling came after 11 days of trial in Texas. Earlier this year, NRA filed for bankruptcy, telling members that it was part of a strategy to relocate to the Lone Star State.