Wow. The NRA has spent nearly $8 million on Bill Brewer's law firm and former top lobbyist Chris Cox's lawyers in the dispute over whether to pay Cox $2 million in severance.
The closing arguments in the NRA's bankruptcy trial are going on right now. This stat was brought up by the New York Attorney General's closing arguments on why the case should be dismissed. You can watch live here:…
The judge is deciding today whether the NRA can use bankruptcy to protect itself from the AG's attempt to dissolve it in New York court. I wrote about why the obvious answer is "no" but it may go the other way in the latest members' newsletter:…
The U.S. Trustee, which represents the DOJ in bankruptcy cases, argued in their closing the judge should either dismiss the NRA case outright, appoint a trustee to run the group during bankruptcy, or appoint an examiner to audit the group.
Those are the different options being asked for by the New York AG, former NRA contractor Ackerman McQueen, and the disgruntled NRA board members respectively. The U.S. Trustee is opposed to letting the bankruptcy continue under the current leadership as the NRA has requested.
The unsecured creditors' committee is siding with the NRA. It wants the bankruptcy to go forward with the NRA's current leadership in place. They don't want an examiner appointed either. Although, not all members of the committee seem to agree.
The lawyer for committee member David Dell'aquila, a former NRA donor who filed a class-action lawsuit against the NRA over accusations of financial impropriety, said he wants a trustee appointed to displace NRA management.

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More from @StephenGutowski

4 May
Here's a breakdown of what happened in closing arguments of the NRA's bankruptcy trial…
“This evidentiary record clearly and convincingly establishes that Executive Vice President Wayne LaPierre has failed to provide the proper oversight,” Lisa Lambert, a lawyer for the United States Trustee, said during the NRA's bankruptcy trial.…
“The uncontroverted testimony is that Mr. LaPierre is forward-facing and that he is a prolific fundraiser, the likes of which are difficult to replace,” NRA lawyers countered.…
Read 4 tweets
29 Apr
Here's the question the judge in the NRA bankruptcy case said it all boils down to at the end of today's hearing: Image
Basically, can the NRA use bankruptcy as protection from New York Attorney General Letitia James's stated goal of dissolving the organization through litigation?
He has incorporated a key point that James's lawyers have hammered at quite a bit: the AG can't just order dissolution herself. A judge would have to sign off on it too.
Read 4 tweets
29 Apr
The NRA bankruptcy trial is back in session today. They're interviewing the NRA's outside auditing company today. You can watch here:…
Wayne LaPierre is now testifying. He says he's feeling better than last time he testified because he's not on any medication this time.
Welp. We're running into the same problem as last time LaPierre testified. He keeps trying to add explanations to his answers that get struck. The judge has repeatedly told him to just answer the question.
Read 11 tweets
29 Apr
What happens if the Supreme Court doesn't deliver for gun-rights advocates? What would it take to make gun-rights groups break with the GOP? I discuss this and more in a post for @TheReloadSite members.…
Professor Robert Leider noted Republicans have delivered very little for gun-rights advocates at the federal level outside of judges. If those judges turn out to be a bust, he thinks that could create a rift in the coalition. I'm not as sure.…
It's true Republicans take gun-rights advocates completely for granted at the federal level. Trump didn't deliver any substantial gun-rights laws. The NRA & others spent tens of millions on re-electing him but he didn't make any promises to push for specific pro-gun legislation.
Read 4 tweets
27 Apr
I spoke to 3 of the top gun law experts in the country. They were less than optimistic about how gun-rights advocates might fare in the Supreme Court's first-ever gun-carry case.…
“Gun-rights advocates should not count their chickens yet,” Robert Leider, assistant professor at George Mason University’s Antonin Scalia Law School, told The Reload. “There are several ways this case could go against the challengers.”
“They might try and duck the issue or find some way to avoid ruling on it or make some really narrow ruling that only affects New York and let them modify their law to get around it,” Josh Blackman, a South Texas College of Law professor and Cato Institute scholar, said.
Read 6 tweets
26 Apr
Actually, Taco Bell currently has the best fast food fries.
There's a reason that one guy from Stanger Things can't get enough of them, folks. The Mexican spices and nacho cheese will possess you!
Hell yeah. Image
Read 4 tweets

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