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NRA’s Bankruptcy Filing Tossed, Putting Gun Group in Peril

  • Judge strips firearms lobby of shield from New York’s lawsuit
  • The decision could leave NRA vulnerable to being dissolved
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WATCH: Nov. 2020, How the NRA shot itself in the foot.Source: Bloomberg
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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.