Again, not trying to be confrontational, but is your statement merely a repetition of propaganda or based on reality?
This right here tells me you know nothing about the NRA problems. You are playing games with conspiracy stuff. You can blame the tooth fairy, mass shootings and hallucinations; fact is the NRA is in trouble and turmoil because the leadership and the BOD willfully ignored the reporting requirements of the New York State Charities Bureau, lied on federal and New York financial reports, misappropriated and stole donated funds.
Yep, the antis want to do away with the NRA, no doubt about that. With their cheating and lying, WLP and his lackeys jumped into the waiting arms of Letitia James.
Further digging by the AG and her staff uncovered evidence that WLP and his lackeys stole and misappropriated $100s of millions of dollars of donated funds, chartered airplanes and entered into contracts not approved by BOD members, plundered the NRA Foundation, falsely charged personal items to the NRA, ad nauseum, ad nauseum.
The office of the NY AG deposed numerous NRA executives and employees, outside accountants, Colonel Oliver North, contractors, 90 present and former members of the BOD, etc.
The phony NRA bankruptcy extravaganza was a Hail Mary effort to escape the clutches of the NY Attorney General by registering the NRA in Texas. Thankfully, the bankruptcy judge, Harlan Hale, threw the "case" out of court. This effort cost NRA donors $20 million in lawyer fees.
NRA Gets Rare Rebuke From DOJ Bankruptcy Official As It Tries To Escape NY AG - TPM – Talking Points Memo
Summary of the bankruptcy judges decision:
"There are several aspects of this case that still trouble the Court, including the manner and secrecy in which authority to file the case was obtained in the first place, the related lack of express disclosure of the intended Chapter 11 case to the board of directors and most of the elected officers, the ability of the debtor to pay its debts, and the primary legal problem of the debtor being a state regulatory action.
The Court agrees with the NYAG that the NRA is using this bankruptcy case to address a regulatory enforcement problem, not a financial one. The Court finds that the NRA did not file the bankruptcy petition in good faith because this filing was not for a purpose intended or sanctioned by the Bankruptcy Code. Therefore, cause exists under section 1112(b) to dismiss this case, which the Court finds is in the best interests of creditors and the estate.
The Court is not dismissing this case with prejudice,113 but should the NRA file a new bankruptcy case, this Court would immediately take up some of its concerns about disclosure, transparency, secrecy, conflicts of interest of officers and litigation counsel, and the unusual involvement of litigation counsel in the affairs of the NRA, which could cause the appointment of a trustee out of a concern that the NRA could not fulfill the fiduciary duty required by the Bankruptcy Code for a debtor in possession.
IT IS THEREFORE ORDERED that the Motions to Dismiss are GRANTED and the above-captioned cases are dismissed without prejudice; IT
IS FURTHER ORDERED that the Examiner Motion is DENIED as moot; and
IT IS FURTHER ORDERED that the CRO Motion is DENIED as moot.
113 The movants did not request a prejudice period in their original Motions to Dismiss.
While the NYAG did request dismissal with prejudice in a reply brief, it was not discussed in the body of the reply, and the NRA did not have an opportunity to provide responsive briefing to that request. Case 21-30085-hdh11 Doc 740 Filed 05/11/21 Entered 05/11/21 14:06:18 Page 37 of 38 38 ###End of Order### Case 21-30085-hdh11 Doc 740 Filed 05/11/21 Entered 05/11"
WLP and his minions continued their crooked ways after being charged. Read pages 143-152:
NYAG2ndAmendedComplaint.pdf (firearmscoalition.org)
