No Bankruptcy for You! Judge Rules NRA Must Answer Corruption Charges in New York

No Bankruptcy for You! Judge Rules NRA Must Answer Corruption Charges in New York
The National Rifle Association had a clever plan to avoid the state of New York’s efforts to shut it down over allegations of executive self-enrichment: Declare bankruptcy and reincorporate in the Lone Star state. But Tuesday, after a weeks-long trial, a federal judge has called bullshit on the NRA’s Texas two-step. U.S. Bankruptcy Court judge Harlin Hale ruled that the NRA’s bankruptcy petition was “not filed in good faith” and represented, instead, an “effort to gain an unfair litigation advantage” against the state of New York
See full article at Rolling Stone »

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