Joe.My.God. LGBT News
The Wall Street Journal reports:
A Dallas judge has thrown the National Rifle Association out of bankruptcy court, calling into question the gun rights group’s planned relocation to Texas as it faces allegations of spending abuses and mismanagement in its home state of New York.
Judge Harlin Hale of the U.S. Bankruptcy Court in Dallas dismissed the NRA’s chapter 11 case, ruling that NRA CEO Wayne LaPierre filed the January bankruptcy “to gain an unfair litigation advantage” and “to avoid a state regulatory scheme.”
Tuesday’s ruling validates arguments by New York Attorney General Letitia James and the NRA’s former ad agency, Ackerman McQueen Inc., that the bankruptcy was filed in bad faith and didn’t have a valid purpose.
Read the full article.
The dismissal of the NRA’s bankruptcy case represents a sharp rebuke to CEO Wayne LaPierre and outside counsel William Brewer III, who had spent millions on the strategy in part to sidestep the NY Atty General. https://t.co/ldzgJcPLBc
— Mark Maremont (@MarkMaremont) May 11, 2021
Judge Hale issued a veiled threat, saying if the NRA refiled for bankruptcy, he’d likely appoint a Trustee, who would take control of the gun-rights group
— Mark Maremont (@MarkMaremont) 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) May 11, 2021
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.
— NY AG James (@NewYorkStateAG) May 11, 2021