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Posts Tagged bankruptcy
NRA Has More Problems Than Just Wayne LaPierre
From Ammoland:
With Wayne LaPierre’s announced resignation as Executive Vice President and CEO of the National Rifle Association at the end of the month, the NRA Board of Directors has an opportunity to reverse course and revive the flailing organization.
Instead, there’s a move afoot, to keep the lunatics in charge of the asylum by replacing LaPierre with the one person on the Board who has done the most to enable LaPierre’s corruption and to protect him for the past several years – NRA President Charles Cotton.
The NRA Saga
From The Truth About Guns:
The National Rifle Association keeps getting itself into trouble by flouting the best practices all nonprofits should follow.
As I often explain to college and graduate students who are learning the basics of nonprofit management, all nonprofit boards of directors should ensure that those groups uphold their missions without wasting money. These students also learn that it’s against the law for nonprofit board members or staff to benefit through the personal use of the group’s assets.
Remington Facing Bankruptcy, Sale To Navajo Nation
From Guns.com:
Remington, America’s oldest gun company, is reportedly headed to bankruptcy and is in talks with the Navajo Nation as to its post-Chapter 11 future.
As a sovereign nation under the Navajo Sovereign Immunity Act, the tribe is largely insulated against personal injury claims, which have to be filed in the Nation’s own courts, a factor that could help Remington in persistent civil filings.