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Tue Apr 6, 2021, 08:13 PM

NRA leaders defend bankruptcy petition in court hearing, saying the move is necessary to protect the

Source: Washington Post

By Tom Hamburger
April 6, 2021 at 5:56 p.m. EDT


Top NRA officials and their lawyers defended the organization’s decision to seek bankruptcy protection during a contentious, high-stakes federal court hearing in Dallas this week, saying the move is necessary in the face of what they describe as a politically motivated investigation by the state of New York.

New York Attorney General Letitia James (D) has argued that the gun rights organization is improperly pursuing bankruptcy to avoid a sweeping lawsuit filed last year accusing the group of fiscal mismanagement.

“The process Mr. LaPierre ­followed to file this bankruptcy case is itself a master class in bad faith and dishonest conduct,” Monica Connell, an assistant New York attorney general, said in court Monday, contending that ­NRA chief executive Wayne La­Pierre concealed the bankruptcy plan from the NRA board and its general counsel until after it was announced.

Read more: https://www.washingtonpost.com/politics/nra-bankruptcy-hearing/2021/04/06/c0947c40-96d3-11eb-b28d-bfa7bb5cb2a5_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_politics



-snip-

Recent court filings have shown that the group was informed by the IRS that it owes $3.4 million in taxes dating to 2014, and that it paid for mosquito control at LaPierre’s home, citing the expense as intended for “security purposes.” In a deposition filed over the weekend, ­LaPierre said he took refuge on a Hollywood producer’s 108-foot yacht in recent years after receiving threats in the wake of mass shootings.

Security from bugs............

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Reply NRA leaders defend bankruptcy petition in court hearing, saying the move is necessary to protect the (Original post)
turbinetree Apr 6 OP
BigmanPigman Apr 6 #1
bringthePaine Apr 6 #2
Sgent Apr 7 #3
Martin68 Apr 7 #4

Response to turbinetree (Original post)

Tue Apr 6, 2021, 09:54 PM

1. Rachel Maddow covered this story thoroughly tonight.

Wayne ran to the safety of his yacht when he said he was frightened (sounds a lot like Cruz running to Cancun).

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Response to turbinetree (Original post)

Tue Apr 6, 2021, 10:18 PM

2. ha no safe harbor for these crimers, k?

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Response to turbinetree (Original post)

Wed Apr 7, 2021, 12:26 AM

3. WOW

Most of this is expected, but the outside board member (a family ct judge in NE) asking to intervene and replace the insiders / require an accounting is a new development that could be big in the litigation.

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Response to turbinetree (Original post)

Wed Apr 7, 2021, 10:38 PM

4. The harder they come, the harder they fall.

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