Federal judge kills NRA bankruptcy filing and calls it out for what it really is: A 'scheme' [View all]
Federal judge kills NRA bankruptcy filing and calls it out for what it really is: A 'scheme'
On Tuesday, Judge Harlin Hale of the U.S. Bankruptcy Court in Dallas dismissed the NRAs attempts to file bankruptcy. Judge Hale wrote in his decision: The Court finds, based on the totality of the circumstances, that the NRAs 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. Thoughts. Prayers.
This is a huge blow to the leadership squad of the Second Amendment organization and more directly to Wayne LaPierre, who was hoping that in moving his bankruptcy case to Texas and restarting the organization there, he would be able to get out from under the myriad investigations the NRA is under in New York. The bankruptcy filing was considered a last-ditch effortand a risky one by many legal expertsby LaPierre to maintain his dictatorial control over the Second Amendment organization.
Looks like Wayne and the NRA got just a little too cute for their own good.