National Rifle Association Files for Chapter 11 Bankruptcy

Jan. 15, 2021, 9:13 PM

The National Rifle Association of America files for Chapter 11 bankruptcy in Texas on Friday, court papers show.

  • The NRA listed assets and liabilities of as much as $500 million each, according to its bankruptcy petition
  • The group intends to restructure and reincorporate in Texas, according to a statement on its website

To contact the reporter on this story:
Jeremy Hill in New York at jhill273@bloomberg.net

To contact the editors responsible for this story:
Rick Green at rgreen18@bloomberg.net

Shannon D. Harrington

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