NRA Bankruptcy Case Dismissed – Not Allowed to Reorganize in Texas?

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This AG sounds like a real piece of work….

#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.

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No one is above the law.

BREAKING: A judge has dismissed the National Rifle Association’s bankruptcy case, ruling that the organization cannot use the bankruptcy code to relocate from New York

A BIG LOSS FOR THE NRA

 

abcnews.go.com/US/wireStory/judge-dismisses-nra-bankruptcy-case-blow-gun-group-77628409

“A federal judge on Tuesday dismissed the National Rifle Association’s bankruptcy case, leaving the powerful gun-rights group to face a New York state lawsuit accusing the NRA of financial abuses and that aims to put it out of business.

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The case was over whether the NRA should be allowed to incorporate in Texas instead of New York, where the state is suing in an effort to disband the group. Though headquartered in Virginia, the NRA was chartered as a nonprofit in New York in 1871 and is incorporated in the state.

Judge Harlin Hale said he was dismissing the case because he found the bankruptcy was not filed in good faith.”

 

 

h/t Paul Drake

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