A few days back, I offered a thoroughly insincere Thoughts and Prayers to the National Rifle Association over the revelations of fraud and self dealing, and their hypocritical attempts to dodge accountability via bankruptcy and relocating their incorporation location.
Now, a major NRA donor will be filing a lawsuit to prevent the discharge of the debts, because debts incurred by criminal action (in this case fraud) are not subject to relief:
A major donor to the National Rifle Association is poised to challenge key aspects of the gun group’s bankruptcy filing, in an attempt to hold executives accountable for allegedly having defrauded their members of millions of dollars to support their own lavish lifestyles.
Dave Dell’Aquila, a former tech company boss who has donated more than $100,000 to the NRA, told the Guardian on Saturday he was preparing to lodge a complaint in US bankruptcy court in Dallas, Texas. If successful, it could stop top NRA executives discharging a substantial portion of the organisation’s debts.
It could also stop Wayne LaPierre, the NRA’s controversial longtime chief executive, avoiding ongoing lawsuits that allege he defrauded the pro-gun group’s members to pay for luxury travel to the Bahamas and Europe and high-end Zegna suits.
Dell’Aquila’s complaint, likely to be brought within the next few weeks, would use a provision of the bankruptcy code to prevent the NRA from sidestepping more than $60m of debt on grounds it was improperly incurred. The law stipulates that debts acquired through malfeasance can be deemed by the court to be an exception to bankruptcy arrangements.
Speaking from his home in Nashville, Tennessee, Dell’Aquila said: “We intend to invoke this provision. We are going to ask the judge to determine that our claim was incurred as a result of fraud and should be deemed non-dischargeable.”
The NRA declared bankruptcy in the Dallas court on Friday. The organization also said it would be relocating from New York, where it was founded in 1871, to Texas.
I’m hoping that LaPierre gets reduced to penury over this.
In addition to being an extremist who foments violence, he’s a crook.