A U.S. bankruptcy administrator asked a federal judge Monday to dismiss the National Rifle Association’s efforts to declare bankruptcy or appoint a trustee or examiner to oversee the gun rights organization — a setback for the group at the close of a federal court hearing to consider its petition.
The recommendation bolstered the arguments of New York Attorney General Letitia James (D), whose office has fought the NRA’s attempts to relocate from New York to Texas, and came after senior NRA executives acknowledged in court testimony that they received lavish perks.
Lisa Lambert, a lawyer with the U.S. trustee’s office, which participates in bankruptcy cases to protect taxpayer interests and enforce bankruptcy laws, told the court that the evidence presented in the hearing showed that the group lacked proper oversight and that personal expenses were masked as business costs. Continue reading.