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Bankruptcy No Sanctuary Against Government Enforcement Actions: NRA's Chapter 11 Case Dismissed as Bad Faith Filing | Weil, Gotshal & Manges LLP


[co-author: Alex Xiao]
Executive Summary
In May, 2021, Judge Harlin D. Hale of the United State Bankruptcy Court for the Northern District of Texas, dismissed the chapter 11 cases filed by the National Rifle Association. The court found that the organization filed bankruptcy to gain an unfair litigation advantage and avoid a state regulatory action brought by the New York Attorney General, which is not a valid bankruptcy purpose. This high-profile case demonstrates that although the bar is not high for an organization to procure protection from creditors under the U.S. Bankruptcy Code, a barrier of entry does stand.
In re National Rifle Association of America and Sea Girt, LLC, No. 21-30085 (Bankr. N.D. Tex. May 11, 2021). ....

New York , United States , Little Creek , District Of Columbia , Harlind Hale , Wayne Lapierre , Carbon Corp , Ackerman Mcqueen Inc , Circuit Court , National Rifle Association , National Rifle Association Of America , Court Holding , Sea Girt , Meml Corp , United State Bankruptcy Court , Judge Harlin , Northern District , National Rifle , New York Attorney General , New York Not For Profit Law , Bankruptcy Code , Columbia Attorney General , Ackerman Mcqueen , Judge Phillip Journey , Judge Hale , Faith Filing ,

NRA loses in court in effort to relocate to more gun-friendly Texas


NRA loses in court in effort to relocate to more gun-friendly Texas
May 11, 2021, 4:15 pm
An NRA convention in 2013. The head of the group is accused of spending millions on personal indulgences.
Photo by Shannon Stapleton/Reuters
An attempt by the head of the National Rifle Association to wriggle out of a lawsuit one that could put an end to the organization itself has been rebuffed by a bankruptcy judge in Dallas.
NRA head Wayne LaPierre filed for bankruptcy protection after the NRA was sued by the New York Attorney General s office for fraud and abuse. The lawsuit accuses the NRA of misusing charitable funds to the tune of millions of dollars. ....

New York , United States , Harlin Cooter Hale , Wayne Lapierre , Ackerman Mcqueen Inc , National Rifle Association , New York Attorney General , Judge Harlin , Phillip Journey , Est Of Houston , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , வேன் லேபியர் , அக்கர்மன் மக்வீந் இன்க் , தேசிய துப்பாக்கி சங்கம் , புதியது யார்க் வழக்கறிஞர் ஜநரல் , நீதிபதி ஹார்லின் , பிலிப் பயணம் ,

NRA's fate lies in the hands of a Texas bankruptcy judge | Top Stories


The National Rifle Association, long a feared power broker, will learn its fate next week in a court ruling that could hobble the gun rights group and imperil the three-decade reign of its controversial boss, Wayne LaPierre.
The judge is weighing several options. He could let the NRA’s bankruptcy case go forward, giving the group a measure of refuge from a New York lawsuit that threatens its assets and even its existence. He could put the group under the control of a trustee, empowered to make decisions about its finances and its future. Or, in a highly unusual move, he could throw the NRA out of bankruptcy court altogether. ....

New York , United States , Davida Skeel Jr , Letitia James , Harlin Cooter Hale , Donald Trump , Brian Mittendorf , Wayne Lapierre , Gregory Garman , Supreme Court , Ackerman Mcqueen Inc , Republican Party , Ohio State University , University Of Pennsylvania , Union Army , National Rifle Association , Attorney General Letitia James , Second Amendment , Judge Harlin , Civil War , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , லீடிஶிய ஜேம்ஸ் , டொனால்ட் துருப்பு , பிரையன் மீட்டெண்டோர்ப் , வேன் லேபியர் ,

NRA's fate lies in the hands of a Texas bankruptcy judge | Nation and World


The National Rifle Association, long a feared power broker, will learn its fate next week in a court ruling that could hobble the gun rights group and imperil the three-decade reign of its controversial boss, Wayne LaPierre.
The judge is weighing several options. He could let the NRA’s bankruptcy case go forward, giving the group a measure of refuge from a New York lawsuit that threatens its assets and even its existence. He could put the group under the control of a trustee, empowered to make decisions about its finances and its future. Or, in a highly unusual move, he could throw the NRA out of bankruptcy court altogether. ....

New York , United States , Davida Skeel Jr , Letitia James , Harlin Cooter Hale , Donald Trump , Brian Mittendorf , Wayne Lapierre , Gregory Garman , Supreme Court , Ackerman Mcqueen Inc , Republican Party , Ohio State University , University Of Pennsylvania , Union Army , National Rifle Association , Attorney General Letitia James , Second Amendment , Judge Harlin , Civil War , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , லீடிஶிய ஜேம்ஸ் , டொனால்ட் துருப்பு , பிரையன் மீட்டெண்டோர்ப் , வேன் லேபியர் ,