{"id":103705,"date":"2021-05-13T20:13:09","date_gmt":"2021-05-14T01:13:09","guid":{"rendered":"https:\/\/ringsidereport.com\/?p=103705"},"modified":"2021-05-13T20:14:02","modified_gmt":"2021-05-14T01:14:02","slug":"judge-dismisses-nras-bankruptcy-case-allowing-ny-ags-case-to-move-forward","status":"publish","type":"post","link":"https:\/\/ringsidereport.com\/?p=103705","title":{"rendered":"Judge Dismisses NRA\u2019s Bankruptcy Case, Allowing NY AG\u2019s Case to Move Forward"},"content":{"rendered":"<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<!-- RSR AD 1 --><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block;\" data-ad-client=\"ca-pub-1545664804358300\" data-ad-slot=\"7759247395\" data-ad-format=\"auto\" data-full-width-responsive=\"true\"><\/ins><br \/>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n<p><strong><a href=\"https:\/\/ringsidereport.com\/?p=103705\" rel=\"https:\/\/ringsidereport.com\/?p=103705\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-103706 size-medium\" style=\"margin-right: 10px;\" src=\"https:\/\/ringsidereport.com\/wp-content\/uploads\/2021\/05\/NRA-860x484-300x169.jpg\" alt=\"\" width=\"300\" height=\"169\" srcset=\"https:\/\/ringsidereport.com\/wp-content\/uploads\/2021\/05\/NRA-860x484-300x169.jpg 300w, https:\/\/ringsidereport.com\/wp-content\/uploads\/2021\/05\/NRA-860x484-768x432.jpg 768w, https:\/\/ringsidereport.com\/wp-content\/uploads\/2021\/05\/NRA-860x484.jpg 860w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>By Nikki Slusher<\/strong><\/p>\n<p>Federal Judge Harlin Hale dismissed the National Rifle Association\u2019s bankruptcy case this afternoon, leading way for New York\u2019s Attorney General Letitia James\u2019 office to pursue its case in dissolving the organization.<\/p>\n<p>Judge Hale cited that the bankruptcy petition was \u201cfiled in bad faith\u201d in order to avoid litigation by AG James\u2019 office over dissolving the NRA for allegedly misusing charitable funds. The decision comes after a month-long argument from lawyers for the NRA who claimed the bankruptcy case should move forward in Texas, where the NRA plans to refile itself as an organization. James\u2019 office cited the decision to file bankruptcy as an attempt to be reincorporated and \u201cremove the NRA from regulatory oversight.\u201d<!--more--><\/p>\n<p>Judge Hale agreed with James\u2019 office\u2019s argument in his ruling issued earlier Tuesday afternoon. In his decision, Judge Hale wrote, &#8220;The Court finds there is cause to dismiss this bankruptcy case as not having been filed in good faith both because it was filed to gain an unfair litigation advantage and because it was filed to avoid a state regulatory scheme.&#8221; He also declined the option to appoint an examiner or trustee to oversee the NRA\u2019s finances.<\/p>\n<p>The NRA is headquartered out of Fairfax, Virginia, but has been incorporated in New York since shortly after the Civil War. In January, the organization decided to file bankruptcy five months after AG James\u2019 office filed a lawsuit to have the entity entirely dissolved. Per CNN, James\u2019 suit alleged that the NRA was in violation of NY\u2019s nonprofit laws after by-stepping the group\u2019s internal controls in order to participate in spending that was \u201cinappropriate and a wasteful use of charitable assets.\u201d<\/p>\n<p>The AG\u2019s suit also alleges that the NRA\u2019s leadership wrongly used millions of dollars from the organization&#8217;s reserves in order to fund \u201clavish trips on private jets, meals and other personal expenses and that money was diverted to benefit NRA insiders and favored vendors, that Chief Executive Officer Wayne LaPierre handpicked associates to \u2018facilitate his misuse of charitable assets.\u2019&#8221; Additionally, the NY AG\u2019s office claims that the NRA\u2019s board failed to follow the appropriate process to determine &#8220;reasonable&#8221; compensation for NRA executives, including CEO Wayne LaPierre.<\/p>\n<p>AG Letitia James tweeted in response to the decision that &#8220;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.&#8221; Amen, sister.<\/p>\n<p>It seems that Letitia James is the hero we have all needed, and we are here to watch her destroy the Trump Klan and NRA all at once. This story is still breaking news and we will continue to update when more information is released.<\/p>\n<p>[si-contact-form form=&#8217;2&#8242;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Nikki Slusher Federal Judge Harlin Hale dismissed the National Rifle Association\u2019s bankruptcy case this afternoon, leading way for New York\u2019s Attorney General Letitia James\u2019 office to pursue its case in dissolving the organization. Judge Hale cited that the bankruptcy petition was \u201cfiled in bad faith\u201d in order to avoid litigation by AG James\u2019 office [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22247,18030],"tags":[26542,26541],"class_list":["post-103705","post","type-post","status-publish","format-standard","hentry","category-political-columns","category-world-news","tag-allowing-ny-ags-case-to-move-forward","tag-judge-dismisses-nras-bankruptcy-case"],"_links":{"self":[{"href":"https:\/\/ringsidereport.com\/index.php?rest_route=\/wp\/v2\/posts\/103705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ringsidereport.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ringsidereport.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ringsidereport.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ringsidereport.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=103705"}],"version-history":[{"count":-2,"href":"https:\/\/ringsidereport.com\/index.php?rest_route=\/wp\/v2\/posts\/103705\/revisions"}],"wp:attachment":[{"href":"https:\/\/ringsidereport.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=103705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ringsidereport.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=103705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ringsidereport.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=103705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}