NRA Files Chapter 11

[The Ri Guy]

Interesting...great timing!

National Rifle Association files for bankruptcy, seeking to escape New York lawsuit

The National Rifle Association on Friday filed for bankruptcy, a sudden development that could help the gun rights group escape a lawsuit by New York's attorney general seeking its dissolution.

www.reuters.com

Edit: CNBC has a better article: https://www.cnbc.com/2021/01/15/nra-files-for-bankruptcy-says-it-will-reincorporate-in-texas.html

 

[browning2480]

Well at least they are moving to Texas and getting out of NY.

 

[fwafwow]

As much as the NRA has fallen out of favor with me, I'm looking forward to see how the battle goes from here at least with respect to the NY AG's office. Based on the NRA's own posts, however, it doesn't sound like any other changes to personnel are in the works....

 

[Jesse Jaymes]

Soooo....now is NOT a good time to sign up??? I literally was attempting to join yesterday but too many issues on a work computer

 

[Deplorable77]

I wonder if they will list the $2m in clothing WLP purchased as corporate assets?

 

[RyanT26]

This is terrific news for the designer suit and custom tailor industry in Texas.

 

[menhaden_man]

NRA has issues, but our 2A rights will be under fire like never before. I hope they can make some positive changes and keep the new administration from implementing their plans.

 

[ElkChaser338]

The NRA needs to get its house in order and earn back the trust of its supporters. The NRA is still most powerful 2A group in the country.

 

[Mashthegas]

They need to shit can LaPierre to start with.

 

[4BarN]

Agreed


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[Desk Jockey]

The NRA needs to get its house in order and earn back the trust of its supporters. The NRA is still most powerful 2A group in the country.

Preach.

Clean house. New leadership. Get to task. We need them in the game.

 

[Trial153]

All the leadership needs to go. They are all complacent in the criminal financial malfeasance that has and is taking place.

 

[BigHink66]

Lol! I signed back up 2 days ago! Used to be a member, got fed up and joined GOA. Still a member there but figured even with all their warts we needed them to show up.

 

[fwafwow]

I looked into an organization that was trying to take on Wayne and some of the others, but my questions went unanswered. It would be great to try to communicate with the only ones who can remove Wayne - the board. But based on the info I gathered at the time, it sounds like the board members who would have supported a change were run out. Since I'm hard headed, I may still try to contact someone. Anyone.

 

[Gen273]

I just joined GOA as well; I have not been an NRA member for about a decade. I just don't know if I want to rejoin the NRA or not. However, we certainly need to be fighting for our 2nd Amendment rights.

 

[Desk Jockey]

NRA bankruptcy case got tossed by a federal judge. Judge also said, if they came back he’d likely appoint a trustee, which means a court appointed overseer for the group.

still feels to me like new leadership is desperately needed. Would really hate to see current NRA administration ride this into the ground in a vane attempt to preserve their personal power.

https://www.washingtonpost.com/politics/nra-bankruptcy-decision/2021/05/11/9f67509a-b106-11eb-9059-d8176b9e3798_story.html

 

[RyanT26]

Don’t think new leadership would matter at this point. The NY AG should and likely will destroy what is left.
I expect Wayne to max out the company card on suits and shoes.
Good riddance.

 

[elkbowhuntr]

LaPierre destroyed the NRA years ago; I was a member until I couldn't sit down to dinner any longer without getting a phone call from the NRA asking for a donation to fight this or that. This was at least 15 years ago; I asked what are my membership dues used for - they said something about administration etc. It's obvious they are used for guys like LaPierre to live high on the hog - I have no problem with someone getting paid what their worth but that guy and the rest of the executive's in that organization have gone rogue off the charts with their personal spending.

Oliver North tried to expose their fraud, waste, and abuse and they quickly ousted him - they are like a damn crime family. The only way they will ever get any money from me is if they gut that organization from the top down.

 

[D S 319]

Never been a fan. They don’t care about the little guys, just their pockets.