From the moment the National Rifle Association filed for bankruptcy in January, it looked like a dodge. Financially solvent despite internal disputes and dwindling donations from some wealthy patrons, the NRA clearly did not need protection from creditors. So why file? Well, as U.S. Bankruptcy Judge Harlin D. Hale ruled Tuesday in rejecting the petition, the NRA was trying “to gain an unfair litigation advantage and … to avoid a state regulatory scheme.” In other words, it wanted to hide in Texas from legal troubles in New York.
And boy does it face legal troubles. The New…
