AP Photo/Seth Perlman, File
The National Rifle Association has been around for almost 150 years but it looks like it’s now facing a complete and total shutdown with the bankruptcy it filed having been dismissed.
According to Stephen Gutowski’s “The Reload,” the NRA’s bankruptcy strategy has failed as a federal judge ruled that the group’s use of bankruptcy was less about financials and more about attempting to avoid government oversight:
Federal Judge Harlin Hale ruled the gun group’s attempt to relocate to Texas in response to litigation by New York Attorney General Letitia James (D.) targeting the group could not go through. Judge Hale agreed with James in her argument the NRA, whose leaders repeatedly publicly touted the financial strength of the organization during the case, was not trying to address legitimate financial concerns. Instead, the judge concluded, the group was inappropriately trying to use the bankruptcy court to avoid government oversight.