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Thread: The Shit Storm that is the NRA Today & How We Got Here

  1. #791
    Quote Originally Posted by LittleLebowski View Post
    I agree, that’s where they fucked up with NRA TV.
    Just today's friendly reminder that NRA TV wasn't even an NRA production, that was all those fuckers at AckMac

  2. #792
    Member
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    OKC

    Georgetown Law Professor Commentary on Bankruptcy Filing

    This is going to be one heck of an interesting case. There are already so many glaring issues (or should I say "targets"?): venue, good faith filing, disclosures, the automatic stay the trustee question, fiduciary duties to pursue claims against insiders, executory employment contracts, the fate of Wayne LaPierre, and the generally overlooked governance provisions of the Bankruptcy Code. I'll take quick aim at these all below.

    That is an early paragraph. Link below which is free.

    https://www.creditslips.org/creditsl...ankruptcy.html

  3. #793
    Member Shotgun's Avatar
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    Jul 2015
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    Republic of Texas (Dallas)
    Been searching around and can't find a report on what happened with the first hearing before the bankruptcy judge in Dallas. Anyone read or hear anything about that?
    "Rich," the Old Man said dreamily, "is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells." Robert Ruark

  4. #794
    Quote Originally Posted by jetfire View Post
    Just today's friendly reminder that NRA TV wasn't even an NRA production, that was all those fuckers at AckMac
    Does it matter now, to most it’s just the NRA, right I know you’re right, by the way. I vividly recall being warned about the coming shitstorm by a certain red haired blogger.
    #RESIST

  5. #795
    Quote Originally Posted by LittleLebowski View Post
    Does it matter now, to most it’s just the NRA, right I know you’re right, by the way. I vividly recall being warned about the coming shitstorm by a certain red haired blogger.
    Yeah, a lot of people saw the writing on the wall, which is a shame that it couldn't be stopped

  6. #796
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    Midwest
    The tenor of the article does not bode well for the NRA trying to use TX as an escape valve re the NYS issues re bankruptcy.

    The author of the article is certainly respected in the field.


    https://www.law.georgetown.edu/faculty/adam-j-levitin/
    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.

  7. #797
    Judge rejects NRA bid to end or move New York lawsuit seeking its closure

    https://www.reuters.com/article/us-u...-idUSKBN29Q2ID
    #RESIST

  8. #798
    Member Shotgun's Avatar
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    Republic of Texas (Dallas)
    Quote Originally Posted by LittleLebowski View Post
    Judge rejects NRA bid to end or move New York lawsuit seeking its closure

    https://www.reuters.com/article/us-u...-idUSKBN29Q2ID
    That is a ruling of the New York state judge who is likely politically motivated to see that progress. That's not the determination by a federal bankruptcy judge. I am no bankruptcy lawyer, but I have handled lawsuits that ended up in bankruptcy court. To my understanding, the bankruptcy court can issue a stay of those New York proceedings, including requiring those issues to be litigated in the bankruptcy court in Texas, should he choose to do so. The bankruptcy court could also hold in contempt any party, and its attorney, for violating a bankruptcy stay. I think this would include New Yawk's attorney general. --Which is why the NRA's lawyers filed that bankruptcy in Texas in the first place.
    "Rich," the Old Man said dreamily, "is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells." Robert Ruark

  9. #799
    Member
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    Dec 2011
    Location
    Northern Virginia
    Disgruntled NRA Donors Push to Oust LaPierre

    "The NRA filed for bankruptcy in January in a bid to relocate from New York—which is trying to dissolve the group—to Texas. Officials say that the NRA is financially solvent and the court filings are meant to ease the move. The bankruptcy, however, is not without risks. The court could appoint a trustee with the power to displace the current board and leadership of the NRA, including longtime CEO Wayne LaPierre. The court-appointed official would enjoy broad power during bankruptcy proceedings. He would be required to act in the best interests of the group's creditors and could pursue claims that NRA leaders misused millions of dollars of the group's money on their own personal expenses."


    https://freebeacon.com/guns/disgrunt...oust-lapierre/

  10. #800
    If WLP doesn't get gone one way or another, and soon, the organization is doomed. I had considered upping to benefactor a while back, but years of dissapointment held me back. Im giving to SAF and GOA now

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