NY AG Celebrates As Court Says NRA Can't Declare Bankruptcy, Reorganize in Texas
Letitia James, the attorney general of New York State, has celebrated a court decision against the National Rifle Association, the gun manufacturers' lobbying group. On Tuesday, a federal judge ruled that the NRA cannot declare bankruptcy in New York and reorganize in Texas.
"A judge has ruled in our favor and rejected the @NRA's attempt to claim bankruptcy and reorganize in Texas," James wrote in a Tuesday afternoon tweet. "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."
#BREAKING: A judge has ruled in our favor and rejected the @NRA's attempt to claim bankruptcy and reorganize in Texas.
— NY AG James (@NewYorkStateAG) May 11, 2021
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.
In a follow-up tweet, James accused the NRA of filing for bankruptcy to evade a lawsuit that her office filed against the lobbying group in August 2020.
"To put an end to its fraud and abuse, and now we will continue our work to hold the organization accountable," James wrote in her follow-up tweet.
In August 2020, New York Attorney General Letitia James and D.C. Attorney General Karl Racine announced a lawsuit alleging that the non-profit's leaders had funneled millions into their own pockets, including a $500,000 private air charter plane that LaPierre's family flew to the Bahamas at least eight times.
James' lawsuit wanted LaPierre and three of the group's other leaders to make full restitutions for the funds that they had profited from. NRA President Carolyn Meadows called the lawsuits "a baseless, premeditated attack" and "a transparent attempt to score political points and attack the leading voice in opposition to the leftist agenda."

This is a breaking news story and will be updated as more information becomes available.