No matter how this is spun, chapter 11 filing is not great news by any means, especially RIGHT NOW. At the very least it gives the enemy encouragement.
I think that no matter what happens, the enemy will spin it to be a bad thing.
As I understand it, the Chapter 11 is simply a legal maneuver to shield them from malicious prosecution in New York. By completing this process, the NRA will no longer be the same legal entity that's being sued, it'll be a completely new legal entity that has no historical data to investigate. if that's true, then it clears the slate for them, and allows them to continue doing the work they do without this Sword of Damocles hanging over their head.
Or I could be wrong in my understanding - I welcome any better information from some of y'all legal minds.
Your best option for personal security is a lifelong commitment to avoidance, deterrence, and de-escalation.
When those fail, aim for center mass.
I guess one of the big problems with the NRA and I don't really know if Lapierre is the problem, is that so many people that were insiders such as North complained too. I don't know who is right or wrong but I do know that donations are going to be down as long as Lapierre is there even if he is innocent. I send my money to GOA.
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.
KBCraig wrote: ↑Mon Jan 18, 2021 5:20 pmA 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.
According to Charles and his interview with Newsmax:
. 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]