NEW YORK – Now that a judge has rejected the National Rifle Association’s bankruptcy bid, blocking its plan to reincorporate in Texas, the gun rights group is back to fighting New York regulators in a lawsuit that threatens to put it out of business.
Harlin Hale, a federal bankruptcy judge in Dallas, dismissed the NRA's case on Tuesday. He ruled that the organization's leadership sought Chapter 11 protection in bad faith — without informing most of its 76-member board — and did so to gain an “unfair advantage” in its fight with New York Attorney General Letitia James.
What does that mean for the NRA and America's long-running battle over guns? Here's a look at where things go from here. NEW YORK'S LAWSUIT GOES FORWARD Hale’s ruling