gunpoliticsny
6.5 Creedmoor
The NRA's bankruptcy filing has been dismissed by the Texas judge who agreed with AG Tish James that NRA is using this bankruptcy case to address a regulatory enforcement problem, not a financial one.
NRA bankruptcy filing dismissed
- Thread starter gunpoliticsny
- Start date
kev74
20×102mm Vulcan
I'm guessing Wayne gets perp walked by the end of the summer.
gunpoliticsny
6.5 Creedmoor
gunpoliticsny
6.5 Creedmoor
Everybody saw it coming. It was such transparent bullshit I don't understand how the Judge was able to keep his composure during proceedings.
gunpoliticsny
6.5 Creedmoor
Court finding:
"... What concerns the Court most though is the surreptitious manner in which Mr. LaPierre obtained and exercised authority to file bankruptcy for the NRA. Excluding so many people from the process of deciding to file for bankruptcy, including the vast majority of the board of directors,
the chief financial officer, and the general counsel, is nothing less than shocking ..."
"... What concerns the Court most though is the surreptitious manner in which Mr. LaPierre obtained and exercised authority to file bankruptcy for the NRA. Excluding so many people from the process of deciding to file for bankruptcy, including the vast majority of the board of directors,
the chief financial officer, and the general counsel, is nothing less than shocking ..."
You say everyone saw it, but there sure was plenty of people even just on this forum who cheared for the NRA and the bankruptcy.
Catskillkid
.450/400 Nitro Ex
It'll be interesting to see how this plays out. The way I see it is that the NRA can now be sued into oblivion. At which time they can legitimately file for bankruptcy protection.
Oh, and while it goes without saying, Wayne's gotta go.
Oh, and while it goes without saying, Wayne's gotta go.
gunpoliticsny
6.5 Creedmoor
He should be hung and all his assets liquidated and returned to all tge lifetime NRA members. Harvest and sell his organs to add to the proceeds.
It's not even just WLP at this point..
Any and EVERY BoD member who has voted for him in the last 20 years (if still on the BoD) should be removed and bared from ever holding a position in whatever my be left of the NRA after
Any and EVERY BoD member who has voted for him in the last 20 years (if still on the BoD) should be removed and bared from ever holding a position in whatever my be left of the NRA after
Bob
6.5 Creedmoor
Acer-m14
20×102mm Vulcan
no duh!!! .. the board has no real power .. from the uprising yrs ago .. they change the bylaws ..
kev74
20×102mm Vulcan
Texas Says No To NRA Bankruptcy | The Shooting Wire
www.shootingwire.com
Wayne knew if he included those people he cut out, they would of had said no way. What crook!
gunpoliticsny
6.5 Creedmoor
If you read the Judge's ruling the Board was aware they were under scrutiny by NYS in 2017 and Wayne said he'd clean things up. It is clear he didn't. It is also clear that the Board didn't follow up on what Wayne was doing about it since 2017, meaning they shirked their duties as Board members. This is why NRA has dumped tens of millions into legal fees trying to kill all this. Wayne isn't the only one in trouble, the Board is.
kev74
20×102mm Vulcan
Unfortunately the board is big enough that their responsibility gets diluted. NYS isn't going to go after almost 80 board members individually.
meketrefe
.450/400 Nitro Ex
NRA=not really active
Bob
6.5 Creedmoor
or Not Relevant Anymore