NRA is ‘poster child of bankruptcy in bad faith,’ lawyer argues

A lawyer for New York Attorney General Letitia James argued a United States bankruptcy judge should reject the National Rifle Association’s Chapter 11 filing to ‘prevent bankruptcy from becoming a haven for wrongdoers’.

The National Rifle Association’s bankruptcy filing was part of a brazen attempt to escape legitimate oversight in the NRA’s home state of New York and should be dismissed, a lawyer for the state said during closing arguments in a trial on Monday. The NRA’s Chapter 11 filing in January is a “poster child of bankruptcy filed in bad faith,” and the court should reject it to “prevent bankruptcy from becoming a haven for wrongdoers,” Gerrit Pronske, an attorney for New York Attorney General Letitia James, argued. U.S. Bankruptcy Judge Harlin Hale is holding the Dallas trial on whether to dismiss the NRA’s filing, appoint a trustee to run the group while it’s in bankruptcy or appoint an examiner to look into James’s allegations of corruption and mismanagement in its top ranks.