Tags: Gun Rights | nra | journey | bankruptcy | meeting

NRA Board to Hold Emergency Hearing Amid Bankruptcy Turmoil

nra headquarters building
The National Riffle Association of America (NRA) headquarters on August 6, 2020 in Fairfax, Virginia. (OLIVIER DOULIERY/AFP via Getty Images)

By    |   Tuesday, 09 March 2021 10:30 AM

The National Rifle Association board will meet on Sunday to address the group’s bankruptcy amid claims its team of lawyers intentionally left them in the dark.

According to The Washington Free Beacon, which obtained a notice of the meeting, board members will convene in Dallas where NRA leaders will brief them about the bankruptcy strategy.

NRA President Carolyn Meadows sent the invitation to the group's 76 board members as she looked to present a unified front to a federal bankruptcy court.

"The sole purpose of the meeting is to provide a briefing to the board regarding the NRA’s reorganization plan and the legal matters overseen by the Special Litigation Committee, and to take any necessary action directly related to those matters," she said in a letter inviting board members to a 10 a.m. meeting on Sunday at the Omni Dallas Hotel.

Board member Phillip Journey, a Kansas judge and former state legislator, has asked the NRA’s bankruptcy judge to appoint an independent investigator to determine the truth of claims.

The Wall Street Journal reported that in a court motion, filed independently of the NRA in February, Journey seeks the court-appointed examiner “to bring to light the veracity of the alleged fraud, dishonesty, incompetence, and gross mismanagement that has plagued the NRA’s reputation.”

Journey claims the board was unaware of the bankruptcy plan when it voted to create the litigation committee in January, the Free Beacon noted. He said the NRA lawyers misled the board about the committee.

Journey said he found out about it when he learned of a news story detailing it and was not aware of the bankruptcy plan.

"You could have seen the top of my car blow off with my head," he said. "Because I knew what that meant. It meant that those three lawyers committed a lie of omission of material facts to the board of directors ... Nobody said bankruptcy." 

And he disputed court filings that noted board members were properly informed.

But William Brewer III, the NRA’s main outside attorney, said in a statement: “Judge Journey purportedly supports the mission of the NRA and claims not to oppose the Association seeking to reincorporate in Texas. Unfortunately, he seems to mistakenly believe the NRA reorganization plan did not follow board and internal protocol. This plan was undertaken in full compliance with NRA policy.”

The National Rifle Association announced in January it had filed for bankruptcy and will seek to incorporate the nation’s most politically influential gun-rights group in Texas instead of New York.

The announcement came months after New York’s attorney general filed suit against the organization over claims that top executives illegally diverted tens of millions of dollars for lavish personal trips, no-show contracts for associates, and other expenditures.

The gun-rights group boasts about 5 million members.

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The National Rifle Association board will meet on Sunday to address the group's bankruptcy amid claims its team of lawyers intentionally left them in the dark. According to The Washington Free Beacon, which obtained a notice...
nra, journey, bankruptcy, meeting
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2021-30-09
Tuesday, 09 March 2021 10:30 AM
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