Wednesday, March 3, 2021

Dismissal of NRA bankruptcy case was sought by New Yorkers

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Attorneys for the state of New asked a judge Friday to throw out the National Rifle Association’s bankruptcy case, saying the case was filed in bad faith.

In a 41-page brief filed in the bankruptcy court in Dallas, New York’s attorneys asked U.S. Bankruptcy Judge Harlin DeWayne Hale to appoint a Chapter 11 trustee if outright was denied.

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The state asserts that the filed the bankruptcy petition while claiming to be solvent and “in its strongest financial condition in years,” according to the petition.

The NRA filed for Chapter 11 bankruptcy protection after the New York attorney general sued to seek the organization’s dissolution. It also announced plans to move its headquarters from New York and incorporate in gun-friendly .

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A message seeking comment from the NRA on the filing was not immediately returned.

sourced via www.foxnews.com

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