NRA’s Failed Gamble in Texas Court Boosts Chances of Its Demise

May 12, 2021, 10:00 AM

The National Rifle Association took what might have been the biggest legal gamble of its life and lost. Now, it faces a potential outcome that progressive U.S. politicians have long desired -- a complete dismantling of the most powerful gun lobby.

A Texas judge on Tuesday rejected the NRA’s attempt to file for bankruptcy, clearing the way for a fraud lawsuit filed by New York Attorney General Letitia James to proceed. James has made no secret of her wish to dissolve the nonprofit organization, last year calling it “fraught with fraud and abuse.” But a New York judge will have ...

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