The National Rifle Association (NRA) cannot use bankruptcy to reorganise in gun-friendly Texas, a federal judge in Dallas has ruled, handing a defeat to the influential firearms rights group that is facing an effort to dissolve it in New York state.
US bankruptcy judge Harlin Hale’s decision on Tuesday, following a trial over the legitimacy of the NRA’s January bankruptcy filing, means the group will remain incorporated in New York.
Letitia James, New York’s attorney general, had filed a lawsuit in August seeking the dissolution of the NRA, which she accused of corruption and misspending.
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