The National Rifle Association’s bankruptcy filing was rejected by a Texas judge, leaving it vulnerable to a New York attorney general who is seeking to dissolve the powerful gun group.
After a weekslong trial, U.S. Bankruptcy Judge Harlin “Cooter” Hale on Tuesday dismissed the Chapter 11 case and halted a proposal to reincorporate the New York-based association in Texas. New York officials claimed the filing was a bad-faith effort to use the protections of bankruptcy to avoid its lawsuit.
