NRA Files for Bankruptcy, Plans to Move from New York to Texas

Headline Roundup January 15th, 2021

The National Rifle Association (NRA) filed for Chapter 11 bankruptcy this week. The gun rights group plans to reincorporate in Texas; it's currently based in New York, where state Attorney General Letitia James has sued the group for allegedly using $64 million in funds improperly. The NRA responded by accusing James of targeting it for partisan reasons and violating its free speech rights as a nonprofit.

Coverage from left-rated sources focused more on the lawsuits against the NRA. Reports from right-rated outlets focused more on the NRA's reasons for relocating and its criticisms of New York's government.

NRA Files for Bankruptcy, Plans to Move from New York to Texas

From the Left
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The National Rifle Association said Friday that it has filed for bankruptcy and is moving to Texas, where the organization says it has 400,000 members. The NRA is currently based out of New York, where state Attorney General Letitia James has filed a lawsuit alleging financial crimes by its top officials and seeking to disband the organization.

Chapter 11 bankruptcy protection stops all court and legal proceedings regarding debt or collection, while an organization restructures its debts. In May 2020, the NRA, which says it has 5 million members, laid...

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From the Center
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The National Rifle Association on Friday filed for bankruptcy, a sudden development that could help the gun rights group escape a lawsuit by New York’s attorney general seeking its dissolution.

The NRA filed for Chapter 11 protection in federal bankruptcy court in Dallas, and said it plans to reincorporate in Texas to escape “a corrupt political and regulatory environment” in New York, where it is now incorporated.

“Texas values the contributions of the NRA, celebrates our law-abiding members, and joins us as a partner in upholding constitutional freedom,” Chief Executive...

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From the Right
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The National Rifle Association has filed for bankruptcy, and plans to ditch what CEO Wayne LaPierre described as “the toxic political environment of New York” and move its headquarters to Texas.

“The plan can be summed up quite simply: We are DUMPING New York, and we are pursuing plans to reincorporate the NRA in Texas,” LaPierre wrote in a letter to members.

The gun rights group has faced legal issues in New York in recent years. Attorney General Letitia James sought in court to have the organization dissolved over allegations...

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