NRA Files For Bankruptcy, Seeking To Evade NY Lawsuit, Probe

The NRA, a major donor to Republican candidates, has filed for Chapter 11 bankruptcy in Dallas, citing the pandemic's impact and plans to reincorporate in Texas. This move comes as the New York Attorney General, Letitia James, pursues a lawsuit to dissolve the NRA over alleged financial improprieties, including misuse of funds for personal luxuries. The NRA disputes these allegations, claiming financial health and attributing their move to an unfair political environment in New York. Despite the relocation, the NY AG intends to continue legal actions against the NRA.

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