NRA … WTF?
In January 2020, the National Rifle Association filed for chapter 11 protection in the United States Bankruptcy Court for the Northern District of Texas - a location in which it had never existed. The same day, they issued a press release basically saying that they were financially strong and that their only reason for filing was to stop New York Attorney General Letitia James from proceeding with her lawsuit alleging numerous counts of fraud and breach of fiduciary duty. So, their reason for filing was because things were great, but they didn’t want to defend themselves in court.
What. The….
Join us with our guest Law360 journalist Vince Sullivan as we unpack this “own the libs” moment that only the NRA could do, and at which only the NRA could fail, so spectacularly. And what’s in store for the organization now?
Guests:
Vince Sullivan - Law360 Senior Bankruptcy Reporter
Vince’s twitter
Show notes:
Theme music by the mysterious Breakmaster Cylinder. Other music by the mysterious Breakmaster Cylinder, including “The Warning Signs” and “Mr. Chompers” (under license).
Show branding by Peg Fitzpatrick & PMG Group.
P.R. and social media by Carol Lunger, Emily Stern and AB+C Creative.