The NRA had sought to file for bankruptcy and incorporate in Texas.
New York Attorney General Letitia James’ office argued against this and asked to dismiss the petition, saying the NRA’s decision to file for bankruptcy in Texas and be incorporated as a Texas corporation was a legal maneuver “remove the NRA from regulatory oversight.”
Judge Hale agreed, in his brief, stating, “The Court finds there is cause to dismiss this bankruptcy case as not having been filed in good faith both because it was filed to gain an unfair litigation advantage and because it was filed to avoid a state regulatory scheme,”
The New York AG released this statement on Twitter:
The @NRA does not get to dictate if and where it will answer for its actions, and our case will continue in New York court.
No one is above the law.
— NY AG James (@NewYorkStateAG) May 11, 2021
As of yet, the NRA has not released a statement