Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Showing Original Post only (View all)

turbinetree

(24,695 posts)
Tue Apr 6, 2021, 08:13 PM Apr 2021

NRA leaders defend bankruptcy petition in court hearing, saying the move is necessary to protect the [View all]

Source: Washington Post

By Tom Hamburger
April 6, 2021 at 5:56 p.m. EDT


Top NRA officials and their lawyers defended the organization’s decision to seek bankruptcy protection during a contentious, high-stakes federal court hearing in Dallas this week, saying the move is necessary in the face of what they describe as a politically motivated investigation by the state of New York.

New York Attorney General Letitia James (D) has argued that the gun rights organization is improperly pursuing bankruptcy to avoid a sweeping lawsuit filed last year accusing the group of fiscal mismanagement.

“The process Mr. LaPierre ­followed to file this bankruptcy case is itself a master class in bad faith and dishonest conduct,” Monica Connell, an assistant New York attorney general, said in court Monday, contending that ­NRA chief executive Wayne La­Pierre concealed the bankruptcy plan from the NRA board and its general counsel until after it was announced.

Read more: https://www.washingtonpost.com/politics/nra-bankruptcy-hearing/2021/04/06/c0947c40-96d3-11eb-b28d-bfa7bb5cb2a5_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_politics



-snip-

Recent court filings have shown that the group was informed by the IRS that it owes $3.4 million in taxes dating to 2014, and that it paid for mosquito control at LaPierre’s home, citing the expense as intended for “security purposes.” In a deposition filed over the weekend, ­LaPierre said he took refuge on a Hollywood producer’s 108-foot yacht in recent years after receiving threats in the wake of mass shootings.

Security from bugs............
4 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»Latest Breaking News»NRA leaders defend bankru...