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BumRushDaShow

(128,273 posts)
Tue May 11, 2021, 03:49 PM May 2021

Federal judge denies NRA attempt to declare bankruptcy in win for New York state attorney general

Source: Washington Post



A federal judge Tuesday denied an effort by the National Rifle Association to file for bankruptcy protection, ruling that the gun rights group filed the case in an attempt to fend off a civil lawsuit by the New York attorney general. “The Court finds, based on the totality of the circumstances, that the NRA’s bankruptcy petition was not filed in good faith but instead was filed as an effort to gain an unfair litigation advantage in the NYAG Enforcement Action and as an effort to avoid a regulatory scheme,” Judge Harlin Hale wrote in a 37-page decision.

Hale’s decision follows a weeks-long hearing that revealed details about alleged mismanagement and excessive spending by top officials at the influential gun lobby, including Wayne LaPierre, the NRA’s controversial leader for the past three decades. “The @NRA does not get to dictate if and where it will answer for its actions, and our case will continue in New York court,” the New York attorney general’s office wrote in a tweet minutes after the ruling. “No one is above the law.”

Early this year, LaPierre announced that the nonprofit would file for bankruptcy and seek to move to Texas from New York state, where it was chartered in 1871, in the face of the far-reaching civil suit filed by the New York attorney general. LaPierre and his legal team contended that the lawsuit filed by New York Attorney General Letitia James last August seeking to dissolve the gun rights group was a political act intended to destroy the organization.

James’s office argued that the NRA’s bid for bankruptcy was an attempt to duck serious allegations of fraud and self-dealing. Several other parties, including the NRA’s longtime public relations firm, joined the attorney general’s office in opposing the petition or seeking independent oversight of the group. And in a surprise move at the end of closing arguments, a Justice Department lawyer who protects taxpayers’ interests in bankruptcy proceedings called for the rejection of the NRA’s petition or appointment of an independent trustee or an examiner.

Read more: https://www.washingtonpost.com/politics/nra-bankruptcy-decision/2021/05/11/9f67509a-b106-11eb-9059-d8176b9e3798_story.html

27 replies = new reply since forum marked as read
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Federal judge denies NRA attempt to declare bankruptcy in win for New York state attorney general (Original Post) BumRushDaShow May 2021 OP
Go, AG Letitia James! KUDOS hlthe2b May 2021 #1
LaPierre needs to do some time. Thomas Hurt May 2021 #2
M'am, yes, M'AM Leghorn21 May 2021 #3
... BumRushDaShow May 2021 #5
I adore her!!! SheltieLover May 2021 #6
Guess it's time to nykym May 2021 #4
Oh yeah!!!!! MyOwnPeace May 2021 #18
Ha ha. Suck it Wayne. Comfortably_Numb May 2021 #7
+1000 nt Imallin4Joe May 2021 #8
recd nt Imallin4Joe May 2021 #9
Recommended. nt littlemissmartypants May 2021 #10
+1,000,000 llmart May 2021 #11
YES! SergeStorms May 2021 #12
Good! Put them out of business FakeNoose May 2021 #13
Suck on THAT, Wayne! (nt) Paladin May 2021 #14
WONDERFUL!! IrishAfricanAmerican May 2021 #15
nra should also loose its tax exempt status as well. AllaN01Bear May 2021 #16
If you want to see a picture of evil? There it is. paleotn May 2021 #17
No more gravy train for you LaPierre Yo_Mama_Been_Loggin May 2021 #19
Good! Fascist group since 1980's. Wasn't the case in the 1960's. Just like GOP; co-opted. And Tea Evolve Dammit May 2021 #20
investigate, prosecute La pierre, & disband this dangerous group allowed to operate as a nonprofit onetexan May 2021 #21
Go get 'em, Letitia! SunSeeker May 2021 #22
Thoughts and prayers twodogsbarking May 2021 #23
It's about time. NT Firestorm49 May 2021 #24
Rachel Maddow discussed this on her show just now. BigmanPigman May 2021 #25
National Russian Association. Right-wing Hollywood Producer David McKenzie is a scumbag rockfordfile May 2021 #26
K&R and Kudos for Letitia James! Rhiannon12866 May 2021 #27

BumRushDaShow

(128,273 posts)
5. ...
Tue May 11, 2021, 04:11 PM
May 2021



TEXT

NY AG James
@NewYorkStateAG
·
May 11, 2021
#BREAKING: A judge has ruled in our favor and rejected the @NRA's attempt to claim bankruptcy and reorganize in Texas.

The @NRA does not get to dictate if and where it will answer for its actions, and our case will continue in New York court.

No one is above the law.

NY AG James
@NewYorkStateAG

In January, the @NRA filed for bankruptcy in an attempt to evade accountability in New York, despite claiming to have plenty of financial reserves.

We sued the @NRA to put an end to its fraud and abuse, and now we will continue our work to hold the organization accountable.
3:35 PM · May 11, 2021

MyOwnPeace

(16,909 posts)
18. Oh yeah!!!!!
Tue May 11, 2021, 06:34 PM
May 2021

Doesn't that cross you mind every time you see that f**king lame wimp-a$$ phrase?

You'd just love to indeed 'pry it' and smack 'em upside the head!

llmart

(15,527 posts)
11. +1,000,000
Tue May 11, 2021, 04:43 PM
May 2021

Sue them into oblivion and lock Pierre up.

I've noticed that there are fewer and fewer vehicles in my area with NRA stickers on them. Used to be every other pickup truck had one plastered to their window. Not so any more.

Evolve Dammit

(16,689 posts)
20. Good! Fascist group since 1980's. Wasn't the case in the 1960's. Just like GOP; co-opted. And Tea
Tue May 11, 2021, 07:48 PM
May 2021

Party as well. Originally formed to protest the 2008 financial meltdown and righteous energy directed toward Wall Street criminals. Then the Kochs and others saw a movement to co-opt and they somehow became the traitors we saw on 1/9. The anger is fueled by Fox and AM hate radio 24/7/365. And it has worked, sadly. We are in a civil war.

BigmanPigman

(51,554 posts)
25. Rachel Maddow discussed this on her show just now.
Tue May 11, 2021, 09:47 PM
May 2021

She explained the history of the NRA and put it into perspective. Even a moron like me understood it.

rockfordfile

(8,695 posts)
26. National Russian Association. Right-wing Hollywood Producer David McKenzie is a scumbag
Wed May 12, 2021, 01:03 AM
May 2021

Right-wing Hollywood Producer David McKenzie is a scumbag colluding with Russian oligarch, Sergey Sarkisov. This pos is the exe-producer for the 48th Daytime Emmy Awards. Boycott.

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