I'm not sure what this means for the NRA. Looks like they may have a lot of debt that will need to be paid. Fire sales of assets, that kind of thing.
I just signed up for another year but probably will be the last time.
I'm not sure what this means for the NRA. Looks like they may have a lot of debt that will need to be paid. Fire sales of assets, that kind of thing.
I just signed up for another year but probably will be the last time.
In the P-F basket of deplorables.
Based on a 120 sec scan of the order.
No Good Faith because BKCY is a remedy for past/present financial issues, not regulatory ones.
Complete lack of transparency re litigation course and the present BODs.
The BKCY Ct did not dismiss with prejudice, at least in part, because the State of New York did not ask for it in its initial motion to dismiss, only in its reply such that the NRA did not have a chance to respond to such a course of action on the merits.
Highly likely that should the NRA refile, the BKCY Court will appoint a trustee to run the NRA as the Court does not believe that the NRA could fulfill its fiduciary duties. (Court do that when they do not trust that a party will follow the law re their money/assets etc. during the course of the BKCY litigation.)
NY hired a highly regarded BKCY practitioner with 30 + years of experience who is triple Texas (UG-Texas Tech/Law School-Texas Tech/Admitted and practices extensively in Texas.)
https://www.spencerfane.com/attorney/gerrit-pronske/
The NRA hired a 20yr + atty out of Las Vegas with significant high dollar BKCY experience as well. (UG Loyola Marymount/Law School Loyola/admitted in NV)
https://gtg.legal/greg-garman/
Source article re attys in question
https://www.cnn.com/2021/05/03/polit...xas/index.html
Last edited by vcdgrips; 05-11-2021 at 06:46 PM.
I am not your attorney. I am not giving legal advice. Any and all opinions expressed are personal and my own and are not those of any employer-past, present or future.
Looks like WLP's days are numbered.Originally Posted by vcdgrips
In the P-F basket of deplorables.
One can hope.
Ken
BBI: ...”you better not forget the safe word because shit's about to get weird”...
revchuck38: ...”mo' ammo is mo' betta' unless you're swimming or on fire.”
WLP has done more damage to the NRA and the cause of the Second Amendment than Pete Shields and Sarah Brady ever dreamed of doing.
If we have to march off into the next world, let us walk there on the bodies of our enemies.
Amen sister!
Shumba
Looking as an outsider. There’s rot to the roots. But there are god people who work their. And they carry the baggage of upper management. Not much use upper management. They look at the numbers and themselves for their own lifestyle. They eat them selves appropriately when forced. But. How big is the nra. Lotsa board members. Cushy positions. Ted nudgent comes to mind.
Being an NRA board member is an uncompensated position.
I need to chase this one down for a sec, Josh. It doesn’t take long to find articles talking about, say, Marion Hammer’s pay as a board member. I’m not one to trust the media over you based on long experience, mind, but I do have to ask: what’s up with that?
eg.
https://www.sun-sentinel.com/news/fl...oqm-story.html
”But in the end all of these ideas just manufacture new criminals when the problem isn't a lack of criminals.” -JRB
Marion and a few other board members receive compensation for doing things other than being a board member. So, if an article says she's getting paid to be a board member, that's incorrect. In Marion's case, it's for lobbying and other political work. Any compensation that board members receive is disclosed in our 990.
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