In 2018, the NRA took legal action against Vullo and Governor Andrew Cuomo, alleging they had forced banks and insurance companies to abandon trade deals with the NRA. Vullo and Cuomo both denied the allegations. In the same year, Lloyd’s stopped subscribing to NRA products.
“We are surprised that the justice of the peace is forcing the NRA to reveal the names of confidential witnesses interviewed by a lawyer,” NRA lawyer William A. Brewer III said in a statement. “Naturally, the NRA is weighing its options in response to this decision.”
The NRA told the hearing it had previously named two key witnesses: former Lloyd’s CEO Inga Beale and former US general counsel Joe Gunset. It was not clarified what the two would say as witnesses, or if any other witnesses were present during the alleged behind-the-scenes transactions. The NRA also argued that the other witnesses feared reprisal if they spoke out.
Bloomberg contacted Lloyd’s for a statement, but a representative declined to comment.
In addition to ordering the NRA to name Lloyd’s witnesses, Hummel also ordered the group to produce a list of other insurers or banks that the NRA said were heavily armed by former DFS chief Vullo. Vullo’s attorney, Debra Greenberger, said at the hearing that the NRA’s failure to name other companies suggests there aren’t any.
“They alleged that there had been communications with executives, plural, and institutions, plural, but it seems to me what we’re hearing today is that they have – that they there’s an institution on which they actually have a basis for making this claim, ”Greenberger said.