Judge should decide whether or not NRA can file for bankruptcy, which could pave the way for a move to Texas

The nation’s largest gun lobby group is hoping a federal judge will grant it bankruptcy protection, allowing the NRA to reinstate itself as a Texas nonprofit.

This follows the group’s January announcement in January that they were leaving New York to go out, “a corrupt political and regulatory environment.”

A judge is expected to rule on the case next week.

In an announcement earlier this year, the NRA said it was “in its strongest financial position in years”, but the restructuring will help “streamline costs and expenses.”
New York prosecutors say Chapter 11 announcement is just a ploy for the organization and its executives, including CEO Wayne LaPierre, to escape legal problems caused by a recent Attorney General lawsuit from New York, Letitia James.

“The process Mr. LaPierre has followed to file these bankruptcy cases is itself a master class when it comes to bad faith and dishonest conduct,” New York Assistant Attorney General Monica Connell said in her statements on Monday. ‘opening.

In August 2020, James sued the NRA – which is registered as a nonprofit in New York City – seeking to dismantle the organization and accused senior leaders of violating state charity laws by using millions for personal gain and tax evasion.

James singled out LaPierre in the costume.

“During his nearly three decades as Executive Vice President, Wayne LaPierre led the day-to-day operations of the NRA and operated the organization for his own financial benefit and that of his family, as well as for the benefit of a close circle of NRA staff, board members, and vendors, ”James said in a press release.

The NRA called James’ trial “politically motivated” and counterattacked his office later in the month.

In his testimony, LaPierre defended his use of a friend’s yacht, named “Illusions”, which was crewed and cook, as necessary for his safety after a number of school shootings, including in Sandy. Hook Elementary in 2012 and Parkland in 2018.

LaPierre was questioned in his testimony about why he had not paid the owner of the boat, Hollywood producer Stanton McKenzie for its use.

“I was basically under presidential threat with no presidential security in terms of the number of threats I received… and that was the only place I hope I can feel safe, where I remember going there, ‘ Thank goodness I’m safe, no one can bring me here, ”LaPierre said in his testimony.

His defense quickly provided gun control supporters with material to mock.

Activist Shannon Watts, founder of popular group Moms Demand Action, said on twitter: “The only thing that stops a bad guy with a gun is a good friend with a yacht?” – a tease with the notorious LaPierre slogan, “The only way to stop a bad guy with a gun is a good guy with a gun.”

Another issue raised in the bankruptcy lawsuit is why LaPierre failed to notify senior NRA officials of the bankruptcy filing, including his chief legal counsel.

If the NRA is denied the bankruptcy filing, it would be another blow to the pro-gun group which is already facing a shift in support following further mass shootings in the United States.

It would also come on the heels of the Biden administration’s multi-pronged plan to pass gun legislation.

“Gun violence in this country is an epidemic,” the president said at a press conference Thursday.

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