HansGruber
Ronin
NRA Bankruptcy Case Denied, Allowing New York Dissolution Case To Move Forward - https://www.npr.org/2021/05/11/9959...g-risk-for-dissolution-of-group?origin=NOTIFY
Thanks for posting Hans:NRA Bankruptcy Case Denied, Allowing New York Dissolution Case To Move Forward - https://www.npr.org/2021/05/11/9959...g-risk-for-dissolution-of-group?origin=NOTIFY
...well, it’s pretty much over for me, anyway. I believe I’ll do what a gun friend at the hospital did: let my membership lapse (I think it runs out next year) unless/until they get the messes straightened out. Time to get back to the core business, to use a tired old corporate cliche.Thanks for posting Hans:
Chapter 11 Bankruptcy is intended for restructuring. Generally speaking for financial restructuring at the time filed from my understanding of the law. It sounds like their, NRA's bankruptcy filing, may also have been a delaying tactic to reformulate and restructure NRA into another location out of state to prevent a possible financial disaster in another as well? Doing a double dip, split or twist? Smart move in some ways. Technically speaking NRA's filing is still financially motivated, but only in a possible future tense from what heard. Which comes first the chicken or the egg?
NRA may need to refile or appeal to survive? But, if Texas enters into the picture and paperwork has been propely filed? Then ICC or Interstate Commerce Commission may come into play as well? Could get trickier. Am not thinking it's over just yet.
It was a Texas judge that denied their claim...don't think refiling I an option.Thanks for posting Hans:
Chapter 11 Bankruptcy is intended for restructuring. Generally speaking for financial restructuring at the time filed from my understanding of the law. It sounds like their, NRA's bankruptcy filing, may also have been a delaying tactic to reformulate and restructure NRA into another location out of state to prevent a possible financial disaster in another as well? Doing a double dip, split or twist? Smart move in some ways. Technically speaking NRA's filing is still financially motivated, but only in a possible future tense from what heard. Which comes first the chicken or the egg?
NRA may need to refile or appeal to survive? But, if Texas enters into the picture and paperwork has been propely filed? Then ICC or Interstate Commerce Commission may come into play as well? Could get trickier. Am not thinking it's over just yet.
Yes, am hoping the **** hits the fan for the common good of all members when airing the laundry too.It was a Texas judge that denied their claim...don't think refiling I an option.
It was a desperate move to keep the New York litigations a bay...which can now move forward.
A whole lot of dirty laundry is about to get aired...and I say, it's about time.
I truly hope this ends with WLP behind bars...but you know it'll be someone lower on the food chain that takes the fall.
Because I'm tired, as a life member, of what I paid in being used to support the corrupt f***s running the NRA, and they need to be taken out of control, period.It's hard for me to understand anyone applauding what is pretty clearly an attempt by the gun hating, shall we say, intelligence challenged NY attorney general " Tish" James along with Cuomo to destroy the NRA.
Something to think about. The democrats aren't afraid of the GOA. They are very afraid of the NRA. Wonder why. I imagine we'll find out once the left ( with the inadvertent help of gun owners) succeed in destroying it.
Which is why I wonder why WLP is still there. Seems to me, most of this controversy revolves around him.Because I'm tired, as a life member, of what I paid in being used to support the corrupt f***s running the NRA, and they need to be taken out of control, period.
If this is what it takes, so be it. They've shown that they aren't interested in putting the organization above themselves--they're the ones who want to see it burn.
Put the blame where it correctly lies.
Article says it was a Federal Bankruptcy Judge in Texas. NRA can probably appeal, but this was not a State decision, it was a Federal decision.Yes, am hoping the **** hits the fan for the common good of all members when airing the laundry too.
NRA definitely needs restructuring to move forward. Too much conflict now.
Bankruptcy is Federal, even when filed in a particular state. Each state has a federal court. Each state law's can be different but states generally/usually abide by federal decision. Likely depends on how NY's AG suit was filed against the NRA too? Federally or just in NY state? It can be both if remember right? Am not sure on that part, don't remember seeing or reading on how NY's AG filed complaint.
Bob, you’re starting to act like Anni.
Bob, you’re starting to act like Anni.
( sorry - had to say that one )
I disagree…….Well if the NRA implodes you can expect a serious digression in gun rights. And when some of you start complaining about it here you can expect me to point out that much like all those first time gun owners who were whining about how difficult it is to get a gun when Obama assured them it was easier than getting a library book, you made it happen and you really no longer have anything valid to say about it.