The National Rifle Association and New York attorney general’s office plan to hold settlement talks in the coming days to see if they can resolve disputes over the gun rights organization’s bankruptcy case, lawyers for both sides said yesterday, WSJ Pro Bankruptcy reported. Negotiations are intended to gauge if either the NRA or state authorities can narrow or resolve legal fights that will be the subject of a scheduled trial examining the gun group’s decision to file for chapter 11 protection in January, and whether its leadership had the authority to do so. New York authorities have said the case should be thrown out. The trial, now scheduled to begin in early April, concerns New York’s request to dismiss the bankruptcy case or displace the NRA’s management through appointment of an independent trustee. Such discussions are common in bankruptcy proceedings. But talks will be especially difficult because of the charged politics around the gun group, a lawyer for the NRA said during a hearing in the U.S. Bankruptcy Court in Dallas.
