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A Texas bankruptcy court’s decision earlier this year to dismiss the National Rifle Association’s (“NRA”) chapter 11 bankruptcy case as a bad faith filing illustrates the perils of a.
A Texas bankruptcy court’s decision earlier this year to dismiss the National Rifle Association’s NRA chapter 11 bankruptcy case as a bad faith filing illustrates the perils of a poorly planned chapter 11 filing.
An opinion issued by the United States Bankruptcy Court for the Northern District of Texas[1] highlights that the ability to seek bankruptcy protection is not sacrosanct.