Editor’s note: Although the National Rifle Association is headquartered in Northern Virginia, it is incorporated in New York. The gun group recently announced a new “strategic plan” to restructure under bankruptcy and reincorporate in Texas. The Conversation U.S. asked accounting scholars Brian Mittendorf and Sarah Webber to answer five key questions related to the NRA’s intentions.
1. What precipitated this announcement?
New York Attorney General Letitia James sued the NRA in 2020 over alleged financial irregularities, such as improperly making millions of dollars in payments to benefit longtime leader Wayne LaPierre and other executives. Among the lawsuit’s allegations is a claim that the NRA tried to disguise trips to the Bahamas and other forms of lavish compensation as business expenses. James seeks to dissolve the organization. Though it disputes many of the charges, the organization has admitted to experiencing a “significant diversion of assets” through reimbu
Morgan Lewis & Bockius dropped Trump as a client after Biden s inauguration
Firm provided key support in defending Trump s refusal to release tax returns
Trump is battling Manhattan DA who seeks eight years of his tax returns
DA Cyrus Vance s two-year investigation appears to be at an advanced stage
Law firm Seyfarth Shaw has also cut ties with the Trump Organization
Meanwhile Biden s DOJ will have to decide whether to continue representation
Justice Department is defending Trump in E. Jean Carroll s defamation suit
Crime by Charles Miranda
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Subscriber only Sounding like Arnold Schwarzenegger without the accent, Donald Trump declared we will be back before taking to Air Force One to jet off to Florida but his return will be as inglorious as his time in office and perhaps quicker than he imagined.
His departure from high office now strips him of his legal armour, his immunity has ended and he immediately faces months of both civil and criminal legal attacks in courts across the country. In coming weeks he could be forced to hand over his finances, phone records and even his DNA as he is pursued for sex and vice.
Crime by Charles Miranda
Premium Content
Subscriber only Sounding like Arnold Schwarzenegger without the accent, Donald Trump declared we will be back before taking to Air Force One to jet off to Florida but his return will be as inglorious as his time in office and perhaps quicker than he imagined.
His departure from high office now strips him of his legal armour, his immunity has ended and he immediately faces months of both civil and criminal legal attacks in courts across the country. In coming weeks he could be forced to hand over his finances, phone records and even his DNA as he is pursued for sex and vice.