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A federal judge tossed out the National Rifle Association’s bankruptcy case on Monday, imperiling the controversial gun advocacy organization’s attempt to re-organize and relocate to Texas amid a lawsuit from New York authorities seeking to dissolve the group for alleged financial crimes.
The group’s chapter 11 bankruptcy filing, launched in January, was an attempt to “gain an unfair litigation advantage” and “to avoid a state regulatory scheme,” US Bankruptcy Court judge Harlin Hale ruled on Monday in court in Dallas.
Last summer, New York attorney general Letitia James sued and sought to dissolve the NRA, accusing top executives like CEO Wayne LaPierre of corruption and financial mismanagement, which they have denied.
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