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A federal judge in Dallas deems the nonprofit’s Chapter 11 filing as an attempt at getting around the New York attorney general’s lawsuit to dissolve the NRA.
FILE – This Feb. 29, 2020 file photo, National Rifle Association Executive Vice President and CEO Wayne LaPierre speaks at Conservative Political Action Conference, CPAC 2020, at the National Harbor, in Oxon Hill, Md. New York’s attorney general is suing the National Rifle Association, seeking to put the powerful gun advocacy organization out of business over allegations that high-ranking executives diverted millions of dollars for personal benefit. (AP Photo/Jose Luis Magana, File)
DALLAS (CN) A federal judge dismissed the National Rifle Association’s bankruptcy case Tuesday for bad faith, ending the gun rights group’s plans to reorganize in Texas to escape New York regulators’ lawsuit seeking to dissolve it for alleged mismanagement.
The National Rifle Association has played a key role in defending the rights of Americans who own firearms.
In a society that values freedom of expression, this is appropriate. Itâs no good telling people they can think whatever they want if theyâre not allowed to promote their beliefs.
Over the years, the NRA has earned the scorn of many critics â and some of this is deserved. Despite this, the group should be permitted to carry on its work and advocate the interests of its members.
However, the NRA needs to follow the law like everyone else. The bankruptcy process in which it is involved has revealed some shortcuts the organization is trying to take to avoid accountability.
New York Attorney General Attorney Letitia James argued that a U.S. bankruptcy judge should file Chapter 11 of the National Rifle Association to “prevent failure from becoming a refuge for criminals.”
The National Rifle Association’s bankruptcy file was part of a clever attempt to escape a legal oversight of the NRA’s native New York state and should be canceled, a state attorney said at the end of an argument in a trial on Monday.
What was presented in the NRA’s Chapter 11 in January is “a child of bankruptcy filed in bad faith,” and the court should rule out “failure to prevent it from becoming a refuge for criminals,” Gerrit Pronske, New York Attorney General Letitia James. , he argued.
NRA Bankruptcy Would Mean ‘Haven for Wrongdoers,’ N.Y. Warns
Bloomberg 21 mins ago Neil Weinberg and David Voreacos
(Bloomberg) The National Rifle Association’s bankruptcy filing should be dismissed because it was part of a brazen attempt to escape legitimate oversight in the NRA’s home state of New York, a lawyer for the state said in his closing argument in a trial on Monday.
An attorney for the gun rights group followed by accusing the state of attempting a political hit job. “We have the right to exist,” he told a federal bankruptcy judge in Dallas.
The judge is weighing requests to dismiss the NRA’s filing, appoint a trustee to run the NRA while it’s in bankruptcy or install an examiner to look into allegations of corruption and mismanagement made by New York Attorney General Letitia James.