“A Trustee Is, In Fact, A Death Sentence” Chapter 11 Bancuptcy Oversight Would Destroy The NRA?

  • During their bankruptcy proceedings Tuesday, the National Rifle Association (NRA) claimed that if a trustee is appointed to oversee the funds during the bankruptcy proceedings, it will destroy the NRA, according to the Washington Post.
  • In court this week, the organization said that “bankruptcy protection … is necessary in the face of what they describe as a politically motivated investigation by the state of New York.” They said they had to file for “Chapter 11 bankruptcy and plans to move to Texas because of the existential threat presented by the New York attorney general’s suit.”

See full story here.

Categories: Business, Government, Politics

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