(for older posts, click on “blog” in top menu) The above webpage was created January 14, one day before the bankruptcy was filed. It looks as if it once had many postings (Google it to find links) carrying news about the bankruptcy. They have all now been deleted and replaced by a single post telling members how getting thrown out of court was — a great idea! The tripe that leadership feels it can dish out is now reaching its peak. If the leadership believes it, they need medication.
Court Finds That NRA’s Move to Texas Could Still Be Accomplished Outside Bankruptcy
A blatant lie to the members. If you could do that, why did you file bankruptcy?
The hearing proceedings focused on the NRA’s compliance efforts, and the organization’s renewed commitment to good governance.
Read my posts covering the hearings, day by day Hearing the former treasurer “take the Fifth” for hours shows compliance and good governance? Hearing that the CEO and former treasurer wrote themselves “golden parachute” contracts without the board knowing shows them?
The judge said, ““In short, the testimony…suggests that the NRA now understands the importance of compliance.”
He also said, “Some of the conduct that gives the Court concern is still ongoing. The NRA appears to have very recently violated its approval procedures for contracts in excess of $100,000. Mr. LaPierre is still making additional financial disclosures.”
“There are also lingering issues of secrecy and a lack of transparency. For example, even after hearing testimony from several witnesses, it is still very unclear why Mr. Spray, an officer everyone seemed to hold in high regard for his talent and integrity, parted ways with the NRA two weeks into this bankruptcy case. What is clear is that Mr. Spray’s departure was precipitated by a call from Mr. LaPierre without involvement of the board of directors.”
“What concerns the Court most though is the surreptitious manner in which Mr. LaPierre obtained and exercised authority to file bankruptcy for the NRA. 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.”
When a bankruptcy judge who has been on the bench many years, and “seen them all,” says conduct shocks him, you’re hearing it from an expert.
NRA CEO & EVP Wayne LaPierre said today’s decision – and the ongoing independence of the NRA – empowers the Association’s approximately 5 million members.
If the suit being dismissed empowers the members, does that mean that winning the suit would have dis-empowered them?
“We will never shrink from the tough and principled stands we take”
I’m getting too nauseous to continue. Hitler in his bunker was less delusional.
We had better enjoy the NRA annual meeting in four months, because it will probably be the last annual meeting. Anyone on, or getting elected to, the board, had best face the fact that they face lifelong dishonor as a member of the board that killed this fine organization. NRA has had men who held the Medal of Honor on its board, but they have been replaced by people who tremble at the thought just of dissenting. Let the leadership go insane and destroy the 150-year-old organization, these directors would rather not grow a spine.