(Promoted by Colorado Pols)
The most startling article I saw today was on the website The Reload: “Experts Paint Grim Picture for NRA After Bankruptcy Gamble Goes Bust”. The introduction’s 3 paragraphs:
America’s largest, most influential gun group is facing down a dark future.
The NRA is likely out of options in federal bankruptcy court after a Texas judge dismissed its case on Tuesday, experts told The Reload. The move, concocted by CEO Wayne LaPierre and outside counsel Bill Brewer, was meant to keep New York Attorney General Letitia James (D.) from getting at the group’s assets in her case in state court. But the strategy may have backfired.
“Bottom line, the gambit failed miserably, and I think it actually made dissolution more likely,” Philip Hackney, an expert on non-profits at University of Pittsburgh’s law school, told The Reload.
Next steps apparently are back to New York courts to contest with the NY Attorney General’s staff, with use of the federal court’s record, further discovery opportunities, and incorporation of the claims of a dissenting board member (and a possibility of the NRA having to pay litigation costs of those on the other side). Penalties may include orders for repayment to the nonprofit organization, fines, timed exclusions or bans of individuals serving as board members, and dissolution (though that remains unlikely).
Having considered Wayne LaPierre a smarmy, amoral, and opportunistic advocate since I first read his claims while researching for debate, I find the current spotlights on him a relatively mild karma which brings a slight smile.
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