Judge Harlin Hale in Texas threw out the National Rifle Association’s bankruptcy filing Tuesday. The claim was dismissed without prejudice, which means the NRA can attempt to file again, only next time, Hale said he would appoint a trustee to supervise the organization.
Hale also said the filing was in “bad faith,” likely an attempt to avoid their New York suits. This would give the NRA “unfair litigation advantage” according to the Texas judge. He also alleged that the CEO Wayne LaPierre was the mastermind behind it all, looking only to protect his association from future litigation.
“Excluding so many people from the process of deciding to file for bankruptcy, including the vast majority of the board of directors, the chief financial officer and the general counsel, is nothing less than shocking,” Hale wrote.
“The question the court is faced with is whether the existential threat facing the NRA is the type of threat that the Bankruptcy Code is meant to protect against,” Hale added. “The court believes it is not.”
You can follow Jenny Goldsberry on Twitter @jennyjournalism
You may like
Stormy Daniels lawyer in Trump trial, Michael Avenatti, sentenced to prison for stealing millions from clients
Lawyer Michael Avenatti, who represented porn star Stormy Daniels in her lawsuit against former President Donald Trump was sentenced to 14 years in prison. Avenatti was sentenced for stealing millions of dollars from his clients. He was also fined a whopping $10 million.
U.S. District Judge James v. Selna said “Avenatti’s sentence in Southern California will be served after he finishes a five-year term for separate convictions in New York” reported the Associated Press.
“This was the last of three major federal criminal cases to wrap up against the 51-year-old Californian. Avenatti is currently serving prison time for stealing book proceeds from Daniels — who sued to break a confidentiality agreement with Trump to stay mum about an affair she said they had — and for trying to extort Nike if the shoemaker didn’t pay him up to $25 million” adds the AP.
Donald Trump’s son, Donald Trump Jr., used the news of Avenatti’s conviction to bring up an old Tweet of his. On October 11 2018, Avenatti predicted Trump Jr. would be going to prison: “Donald Trump Jr. will be indicted before his birthday on 12-31-18. If you doubt my prediction, please check my record over the last 7 months. #winning.”
Trump Jr. is getting the last laugh. Jr. tweeted Avenatti’s 2018 prediction with the Associated Press headline of the conviction: “BREAKING: Incarcerated lawyer Michael Avenatti sentenced to 14 years in federal prison for cheating clients out of millions of dollars – AP.”
BREAKING: Incarcerated lawyer Michael Avenatti sentenced to 14 years in federal prison for cheating clients out of millions of dollars – AP pic.twitter.com/Rjo2iV2sYX
— Donald Trump Jr. (@DonaldJTrumpJr) December 6, 2022
Earlier this year Avenatti plead guilty to “four counts of wire fraud and a tax-related charge despite not reaching a plea deal with federal prosecutors, saying he wanted to be accountable and spare his family further embarrassment” added the AP.
“He was accused of negotiating and collecting settlement payments on behalf of his clients and funneling the money to accounts he controlled, and spending it on his own lavish lifestyle, including a private jet.”
The Associated Press also went into further detail on Avenatti’s court hearing:
“Despite the significant advantages that this defendant had — a first-rate education, a thriving legal career — he chose to commit the deplorable acts in this case time and time again,” prosecutor Brett Sagel told the court in Santa Ana. “The defendant is just another criminal who thinks the law is something that applies to other people.”
His voice breaking, Avenatti apologized to the clients he bilked, including two who told the court about how losing the money and their trust in someone they thought had their back upended their lives.
“I am deeply remorseful and contrite,” Avenatti said. “There is no doubt that all of them deserve much better, and I hope that someday they will accept my apologies and find it in their heart to forgive me.”
Authorities in California said Avenatti carried out what amounted to a “sophisticated Ponzi scheme” by collecting settlement payments on behalf of vulnerable clients and using the money to fund his exorbitant lifestyle.
You may like
Nation2 days ago
Five returned rental cars used by Biden’s Secret Service burst into flames
education3 days ago
Disney’s progressive ‘Strange World’ cartoon flops with disastrous $18M opening on a $180M budget
Podcast6 days ago
States Sue Sec. Mayorkas For Refusing to Enforce Immigration Law
Nation7 days ago
More than half of top Medical Schools now mandate Critical Race Theory