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by OneGun
Thu Apr 08, 2021 10:17 am
Forum: National Rifle Association
Topic: NRA filing Chapter 11
Replies: 26
Views: 27448

Re: NRA filing Chapter 11

How serious is this revelation? In the Chapter 11 bankruptcy hearing, Wayne failed to disclose trips & gifts.

From NewsMax:
Wayne LaPierre, the top executive of the National Rifle Association, testified in a federal court hearing that will determine whether a trustee should replace him that he violated its policies and failed to disclose free overseas yacht trips.

Under questioning from a lawyer for New York’s Attorney General, LaPierre defended the use of the yacht calling the trips a “security retreat.” Family members joined him on at least some yacht trips he took annually for six years, LaPierre said Wednesday.

The NRA boss said that the yacht trips were among several items of value that he failed to disclose from 2013 and 2020, including a hunting trip in Botswana.

“It should have been disclosed,” LaPierre told U.S. Bankruptcy Judge Harlin D. “Cooter” Hale during a court fight that could reshape one of the most politically powerful organizations in the U.S.

LaPierre said he didn’t pay for the hunting trip, but described it as part of the gun-rights organization’s image-building efforts. He filed a disclosure form for the first time in the past few days listing items of value he’d received from people with, or who may be seeking, ties to the NRA.

New York’s top law enforcement officer, Letitia James, is asking a federal bankruptcy judge in Dallas to either appoint a trustee to run the NRA instead of LaPierre, or to throw out its bankruptcy case, which would make it easier for her to seize the group’s assets if she prevails in a New York lawsuit.

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