New York AG Wins Bankruptcy Case Against NRA

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.