Texas judge mulls whether to dismiss NRA's bankruptcy petition
CNN
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-appointed trustee or an examiner.
The virtual trial in a North Texas bankruptcy court included testimony from top current and former NRA officials, including Chief Executive Officer Wayne LaPierre, who testified on April 7 that he had kept news of the impending bankruptcy filing from the NRA's own general counsel, chief financial officer and other salaried NRA officials. New York Attorney General Letitia James' office asked US Bankruptcy Judge Harlin Hale to dismiss the bankruptcy petition, saying it had been filed as a way to "remove the NRA from regulatory oversight."
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