Re: NRA Lawsuit
Posted: Mon Jan 18, 2021 11:11 pm
Somehow only an attorney like Cotton can spin a bankruptcy into a good thing. Sears, JC Penny, Remington, Colt all doing great since bankruptcy. Sure!
Don't forget: Chas. headed the NRA audit committee that found absolutely no spending improprieties. None! No excess billing by Ack-Mac, all of Wayne's expenses were in order, the apartment for his pretty little intern was just okie-dokie...seph wrote: ↑Mon Jan 18, 2021 8:35 pmAccording to Charles and his interview with Newsmax:KBCraig wrote: ↑Mon Jan 18, 2021 5:20 pm A major donor to the National Rifle Association is poised to challenge key aspects of the gun group’s bankruptcy filing, in an attempt to hold executives accountable for allegedly having defrauded their members of millions of dollars to support their own lavish lifestyles.
Dave Dell’Aquila, a former tech company boss who has donated more than $100,000 to the NRA, told the Guardian on Saturday he was preparing to lodge a complaint in US bankruptcy court in Dallas, Texas. If successful, it could stop top NRA executives discharging a substantial portion of the organisation’s debts.
https://www.theguardian.com/us-news/202 ... e-lapierre. Cotton told host Grant Stinchfield the filing of Chapter 11 is a procedural move to reorganize the national's leading Second Amendment lobby in Texas and all vendors are going to be repaid 100% plus interest./quote]
https://www.newsmax.com/t/newsmax/article/1006145/16
So it seems Dave Dell’Aquila is full of sh#t about the NRA discharging debt.
Thanks! This was a good read. Seems like it's going to be mighty hard for the NRA to make this fleeing to Texas plan a reality in the way they want it to be.KBCraig wrote: ↑Fri Jan 22, 2021 10:43 pm A bankruptcy lawyer weighs in:
https://www.creditslips.org/creditslips ... uptcy.html
How nice for Wayne. The more I read about this situation the more it's sounding like the NRA's choice of how to spend money is a steaming pile....Among those executory contracts is Mr. LaPierre's employment contract, which the NY AG alleges includes a secret “poison pill contract,” his employment even after removal and ensuring NRA income for life".
A reorganization that allows any of the current executives to remain in charge is unacceptable to me. There must be a break between the old and the new, including restructuring the board so that it contains less people and is more accountable to the members.Russell wrote: ↑Sat Jan 23, 2021 7:27 amThanks! This was a good read. Seems like it's going to be mighty hard for the NRA to make this fleeing to Texas plan a reality in the way they want it to be.KBCraig wrote: ↑Fri Jan 22, 2021 10:43 pm A bankruptcy lawyer weighs in:
https://www.creditslips.org/creditslips ... uptcy.html
How nice for Wayne. The more I read about this situation the more it's sounding like the NRA's choice of how to spend money is a steaming pile....Among those executory contracts is Mr. LaPierre's employment contract, which the NY AG alleges includes a secret “poison pill contract,” his employment even after removal and ensuring NRA income for life".
Did y'all donate money knowing you were paying for a board member's lifelong "employment"?
i remember col north found much odd things and that was the reason he left. but then again i dont really trust anyone involved in the nra leadership.bblhd672 wrote: ↑Sat Jan 23, 2021 9:02 amA reorganization that allows any of the current executives to remain in charge is unacceptable to me. There must be a break between the old and the new, including restructuring the board so that it contains less people and is more accountable to the members.Russell wrote: ↑Sat Jan 23, 2021 7:27 amThanks! This was a good read. Seems like it's going to be mighty hard for the NRA to make this fleeing to Texas plan a reality in the way they want it to be.KBCraig wrote: ↑Fri Jan 22, 2021 10:43 pm A bankruptcy lawyer weighs in:
https://www.creditslips.org/creditslips ... uptcy.html
How nice for Wayne. The more I read about this situation the more it's sounding like the NRA's choice of how to spend money is a steaming pile....Among those executory contracts is Mr. LaPierre's employment contract, which the NY AG alleges includes a secret “poison pill contract,” his employment even after removal and ensuring NRA income for life".
Did y'all donate money knowing you were paying for a board member's lifelong "employment"?