NRA bankruptcy war brews as Biden cracks down on gun violence


The National Rifle Association’s battle to stand up to a bankruptcy court comes to a head just as President Biden escalates his efforts to combat gun violence.

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The news is driving: NRA CEO Wayne LaPierre said he should have disclosed Yacht trips he took that were paid for by contractors and sellers. His admission came Wednesday during a virtual testimony in a Dallas bankruptcy court when a federal judge heard a motion to dismiss the NRA Chapter 11 case.

The big picture: Axios’ political reporter Lachlan Markay writes that just as the government is pushing ahead with new measures to protect weapons, the country’s largest and most influential gun rights group is being consumed by power struggles and legal disputes.

What’s happening: New York Attorney General Letitia James wishes to dismiss the NRA bankruptcy case entirely or appoint a trustee, which could result in LaPierre losing control of the organization or a “Death sentence“To the club.

  • Gun Rights Group is filing for bankruptcy protection to start up in Texas after James sued the NRA, LaPierre, and other executives last summer to disband the organization for alleged illegal use of funds.

  • James and the NRA’s biggest creditor, their former advertiser Ackerman McQueen, argue that protection was improperly sought and in order to circumvent the lawsuit.

  • LaPierre admitted in a revelation this week that he protected on yachts provided by vendors in 2012 and 2018 following the shootings at Sandy Hook Elementary School and Marjory Stoneman Douglas High School because he and his family were threatened.

Situational attention: President Biden called gun violence in the US on Thursday as “epidemic“And called for a ban on assault weapons and high capacity magazines, among other things other congress actions.

  • Gun violence killed nearly 20,000 people in America in 2020 and has killed nearly 5,000 so far this year, according to the Archive for gun violence.

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