(Reuters) – A lawyer for New York prosecutor Letitia James called the National Rifle Association's bankruptcy bid "a circus sideshow" during closing arguments on Monday in a case over whether the NRA could be reorganized into the pro-gun state
about Chapter 11 in January and said it planned to use the bankruptcy proceedings to leave what it has called a corrupt political and regulatory environment in New York, where is it currently incorporated.
It is trying to avert a trial to dismiss the Chapter 11 case of Attorney General James and the group's former advertising agency, Ackerman McQueen.
The regulator's lawyers will present their closing arguments later on Monday.
The case before U.S. Bankruptcy Judge Harlin Hale in Dallas coincides with the United States striking back from another mass shooting, with President Joe Biden demanding a ban on assault weapons and tighter gun control measures.
If the NRA is allowed to proceed with the case in Chapter 1
Attorney General James, a Democrat, sued the NRA and Executive Director Wayne LaPierre in New York State Court in August, accusing it of financial misconduct and seeking to dissolve the organization.
She said the NRA had diverted millions of dollars to finance luxury travel for civil servants, non-employment contracts and other dubious expenses.
Mr. LaPierre has testified that he applied for bankruptcy protection for fear that Attorney General James would try to bankrupt it.
Attorney General James has said the NRA claims to be solvent and called its bankruptcy and plans to re-incorporate in Texas after 150 years. in New York a bad faith effort to escape her trial and supervision.
Gerrit Pronske, a lawyer for Attorney General James, called the NRA's bankruptcy "a circus side show" on Monday during the closing stages of the trial that began on April 5. The NRA has accused Attorney General James of "arming" his powers to pursue a "obvious and harmful retaliation campaign" against the group because she disapproves of what it stands for. Catalog