Consumer Law

The National Rifle Association’s Bankruptcy Trial Starts This Week

Federal hearings determining whether the nation’s most politically influential gun-rights group, the National Rifle Association, can seek bankruptcy kicked off Monday, according to reports.

The multi-day trial in front of U.S. Bankruptcy Judge Harlin Hale will combat efforts by the New York Attorney General Letitia James and former NRA advertising firm, Ackerman McQueen, who wanted the organization’s request to seek relief in bankruptcy court dismissed, claiming that it was a means of avoiding litigation, Reuters reported.

“We look forward to making our case in court, and finally shining a light on the NRA’s actions. No organization, including the NRA, should be able to avoid accountability simply by declaring bankruptcy,” James told FOX Business in a statement.

Representatives for the NRA did not immediately respond to FOX Business’ request for comment.

Read the source article at foxbusiness.com

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