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United StatesU.S. judge tosses NRA bankruptcy bid, letting New York seek dissolution Maria ChutchianJonathan Stempel 1/4 Wayne LaPierre, executive Vice President of the National Rifle Association speaks at the Conservative Political Action Conference (CPAC) in Orlando, Florida, U.S. February 28, 2021. REUTERS/Joe Skipper/File Photo Read More A federal judge in Dallas ruled on Tuesday that the National Rifle Association cannot use bankruptcy to reorganize in gun-friendly Texas, a serious blow to the gun rights group’s effort to avoid a lawsuit in New York seeking its dissolution. U.S. Ban...

The trial closed Monday after 11 days of arguments and testimony that laid bare the NRA's inner workings and offered a rare window into the work of its embattled and notoriously secretive leader, Wayne LaPierre. The competing sides left Hale with a variety of ways to resolve the Chapter 11 proceeding. Lawyers for New York and Ackerman McQueen, an Oklahoma City-based advertising agency that says the NRA owes it more than $1 million, cast the case as a desperate but clumsy abuse of federal bankruptcy law to stymie the work of New York regulators and law enforcement. They asked that it be dismis...

Texas judge mulls whether to dismiss NRA's bankruptcy petition CNN 47 mins ago By Sonia Moghe, CNN © SAUL LOEB/AFP/Getty Images Wayne LaPierre, executive vice president and chief executive officer of the NRA, arrives prior to a speech by President Donald Trump at the National Rifle Association Annual Meeting at Lucas Oil Stadium in Indianapolis, April 26, 2019. For nearly a month, attorneys have argued over whether the National Rifle Association's petition to file for bankruptcy in Texas should be dismissed, and whether its business dealings should be overseen by a court-...

NRA: Texas judge mulls whether to dismiss group's bankruptcy petition CNN 5 hrs ago By Sonia Moghe, CNN © SAUL LOEB/AFP/Getty Images Wayne LaPierre, executive vice president and chief executive officer of the NRA, arrives prior to a speech by President Donald Trump at the National Rifle Association Annual Meeting at Lucas Oil Stadium in Indianapolis, April 26, 2019. For nearly a month, attorneys have argued over whether the National Rifle Association's petition to file for bankruptcy in Texas should be dismissed, and whether its business dealings should be overseen by a c...

Anchorage, AK, United States / KBYR 700 AM May 3, 2021 | 1:10 PM DALLAS (AP) — Are the leaders of the National Rifle Association abusing the legal system to duck accountability for their mismanagement? Or are they making a legitimate move to reorganize in the face of an attack from politicians bent on dismantling the powerful gun-rights group? A federal judge in Dallas was left to weigh those competing narratives Monday during closing arguments in the NRA’s bankruptcy trial. Judge Harlin Hale said he expects to issue a written ruling early next week in the case over whether the NRA can mo...