U.S. bankruptcy judge rejects NRA bid to reorganize in Texas

  • 5/11/2021
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May 11 (Reuters) - The National Rifle Association cannot use bankruptcy to reorganize in gun-friendly Texas, a federal judge in Dallas ruled on Tuesday, handing a defeat to the influential firearms rights group that is facing an effort to dissolve it in New York state. U.S. Bankruptcy Judge Harlin Hale’s decision, following a trial over the legitimacy of the NRA’s January bankruptcy filing, means the group will remain incorporated in New York. Letitia James, New York’s attorney general, last August filed a lawsuit seeking the dissolution of the NRA, which she accused of corruption and misspending. (Reporting by Maria Chutchian; Editing by Leslie Adler) Our Standards: The Thomson Reuters Trust Principles.

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