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NRA's 'unabated' corruption justifies shutting it down, New York says reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
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The NRA made the move after a federal judge on May 11 threw out the gun rights group's January bankruptcy case, which he called an improper effort to avoid James' regulatory oversight and gain an "unfair litigation advantage." ....
Judge tosses NRA bankruptcy bid, letting New York seek dissolution Hits: 81 NEW YORK A federal judge in Dallas ruled on Tuesday that the National Rifle Association cannot use bankruptcy to reorganize in gun-friendly Texas, a serious blow to the gun rights group s effort to avoid a lawsuit in New York seeking its dissolution. U.S. Bankruptcy Judge Harlin Hale said the NRA did not file for Chapter 11 in good faith, but instead filed to avoid oversight by New York Attorney General Letitia James and gain an unfair litigation advantage over her. James sued to shut down the NRA in August, accusing it of diverting millions of dollars to fund luxuries for officials including longtime Chief Executive Wayne LaPierre, no-show contracts for associates and other questionable expenses. Closely aligned with Republicans including former President Donald Trump, the NRA has long been instrumental in thwarting Democratic-backed gun control measures in the U.S. Congress. ....