A Texas judge dismissed the National Rifle Association’s Chapter 11 bankruptcy petition on Tuesday, dealing a major setback to the gun rights group amid an ongoing legal fight in its home state of New York. U.S. Bankruptcy Judge Harlin Hale’s ruling effectively scuttles the NRA’s push to relocate from New York to Texas. The judge determined the group "did not file the bankruptcy petition in good faith" and deemed the filing was a bid to avoid a state regulatory crackdown. New York State Attorney General Letitia James filed suit in a bid to dissolve the group amid allegations of financial impropriety. The judge’s ruling did not prohibit the NRA from filing for bankruptcy a second time.

Source: Fox News May 11, 2021 20:15 UTC