US Trustee Says No New Creditors For NRA Committee
Law360 (February 22, 2021, 7:37 PM EST) -- The U.S. Trustee's Office is asking a Texas bankruptcy judge to reject a call by a National Rifle Association vendor to place new members on the unsecured creditors committee in the NRA's Chapter 11 case, saying the current membership spread is more than fair to all creditors.
In a filing late Sunday, U.S. Trustee William Neary said Membership Marketing Partners' request for an expanded official unsecured creditors committee with more trade creditor membership should be rejected, arguing the committee as it stands fairly represents all of the types of parties with unsecured claims against the NRA.
"Moreover, given the debtors' stated...
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