An NRA board member says the board wasn't told about the bankruptcy plan ahead of time. Says he found out through a text from his daughter on his drive home from work one day. "You could have seen the top of my car blow off with my head," he told me.
The board member's name is Phillip Journey and he's a judge in Kansas. He said NRA lawyers mislead the board and "committed a lie of omission of material facts to the board of directors" which he felt obligated to report to the bankruptcy court. freebeacon.com/guns/nra-board…
Journey told the court of the misleading omissions in his recent filing asking it to appoint an independent examiner to go through the NRA's finances. The NRA board is holding an emergency meeting this Sunday in Dallas to discuss the bankruptcy situation.
It's likely NRA leadership will request formal approval of their bankruptcy strategy. While multiple sources tell me it's more than just Journey who is upset with the situation, it's not clear how many of the 76 board members will go against the leadership.
Even if a significant number of board members do go against NRA leadership, unless they reach a majority it's unlikely there will be a public count of those who opposed the bankruptcy gambit.
Bill Brewer, NRA outside counsel and one of the people Journey accuses of misleading the board, said Journey is mistaken about board approval of the bankruptcy. "This plan was undertaken in full compliance with NRA policy," he said.
HR 8 would outlaw the private transfer of used guns without going through a licensed dealer with a few exceptions. HR 1446 extends how long the FBI can delay an "instant" background check an extra 17 business days. They both passed largely along party lines.
The same proposals passed in 2019 but never got a vote in the Senate. Maybe they will this time around but they face a big hurdle in getting to 60 votes. HR 8's "universal background check" proposal is more likely to pass than HR 1446's "Charleston loophole."
It appears my Tuesday story has caused a stir in the NRA bankruptcy case. Apparently, the NY AG wants to depose board member Philip Journey over his comments to me about how the board was not told about the bankruptcy ahead of time. freebeacon.com/guns/nra-board…
The NRA is trying to block the deposition because it claims the NY AG did not give them enough warning before scheduling it and they believe the AG is trying to get at privileged information from closed board meetings. courtlistener.com/recap/gov.usco…
The AG's office wanted to depose Journey today but it looks like they will have to wait because there's a hearing on the NRA's motion set for Monday. There's a special NRA board meeting about the bankruptcy being held in Dallas this Sunday... freebeacon.com/guns/nra-board…
Back to the volunteer grind today. There's a vaccination clinic organized by the local hospitals and churches for the elderly. We're tasked with helping them in and out of the building.
I'm volunteering through the Medical Reserve Corps. You can volunteer to help in your local community here: mrc.hhs.gov/volunteerfldr/…
Today was crazy cold but totally worth it. We vaccinated over 100 elderly congregants from 3 local African-American churches. They were such wonderful people and so excited to be getting the vaccine.
An $80k Charlton Heston Statue, Range Rover for the CFO, and $20k Private Jet Company Prepayment Among Assets. freebeacon.com/guns/nra-revea…
The latest bankruptcy filing shows the NRA has about twice as much in assets ($245 million) as it does in liabilities ($112 million) freebeacon.com/guns/nra-revea…
There's a $3.4 million tax claim from the IRS that the NRA is disputing. There are millions owed to fundraising companies and lawyers. The NRA's top outside counsel was paid at least $12 million by the group over the last 3 months. freebeacon.com/guns/nra-revea…