escape

Nationwide Rifle Affiliation documents for bankruptcy, looking for to escape New York lawsuit

By Jan Wolfe and Jonathan Stempel



a sign on the side of a building: FILE PHOTO: A general view shows the National Rifle Association (NRA) headquarters, in Fairfax


© Reuters/JONATHAN ERNST
FILE Photo: A normal perspective exhibits the Countrywide Rifle Affiliation (NRA) headquarters, in Fairfax

(Reuters) – The Nationwide Rifle Affiliation on Friday filed for individual bankruptcy, a sudden progress that could help the gun rights group escape a lawsuit by New York’s attorney standard trying to find its dissolution.

The NRA submitted for Chapter 11 security in federal personal bankruptcy courtroom in Dallas, and stated it designs to reincorporate in Texas to escape “a corrupt political and regulatory natural environment” in New York, where by it is now integrated.



FILE PHOTO: Attendees walk around at the National Rifle Association's (NRA) annual meeting, in Indianapolis, Indiana


© Reuters/BRYAN WOOLSTON
FILE Photograph: Attendees stroll about at the Countrywide Rifle Association’s (NRA) annual assembly, in Indianapolis, Indiana

“Texas values the contributions of the NRA, celebrates our law-abiding users, and joins us as a lover in upholding constitutional liberty,” Main Government Wayne LaPierre reported in a letter to associates. “We seek