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I never thought the Navajo were so stupid. They run a great RV park and casino complex (bit expensive for a meal, but where isn't now days. Geoff Who thinks the debt ridden victims of corporate crime and predatory lawyers, is not a good investment.
 

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Not surprised they are bankrupt again. As a company, they continuously failed to adapt, innovate, or put out a quality product.
 

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If a gun maker can't thrive in this climate then they deserve to go bankrupt.
Smith and Wesson has doubled its stock price in the last month.
 

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AFJ, you were absolutely correct. Remington manufactured a weapon with a defect that killed a little boy when the rifle fired without the trigger being touched. It happened to many others, it happened to police officers on swat teams and people got hurt. For decades, they hid the truthful information from the public. They refused to acknowledge anything publicly while privately they were analyzing the cost as being too much and they could settle a few wrongful death cases cheaper. What’s a few dead or paralyzed people compared to some extra dollars?

Geoff, If that’s predatory lawyering to expose the scam, Count me in.
 

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I never thought the Navajo were so stupid. They run a great RV park and casino complex (bit expensive for a meal, but where isn't now days. Geoff Who thinks the debt ridden victims of corporate crime and predatory lawyers, is not a good investment.
Yeah....
But... Isn't there a certain poetic justice in the Navajo nation eventually owning the company whose products killed so many of their tribal members?
 

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Yeah....
But... Isn't there a certain poetic justice in the Navajo nation eventually owning the company whose products killed so many of their tribal members?
That's the first thing I thought of when I read the report!
 

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Actually, from what I've read, once ownership changes hands, litigation is effectively over. Although the tribe states they will not sell AR's to anyone but the military and civilian law enforcement
 

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I’m not sure about that, Pig, could be I suppose.

I know Chapter 11 bankruptcy is for businesses only. I guess it depends on the Court order and discharge. If they had products liability insurance coverage, it may be that some of the wrongful death actions pending will continue. If they are personally(corporately) responsible for their actions, you may be right and all the cases will go away.

Another issue is the fraud with which they had hidden information. That might be considered an intentional tort and those are generally not dischargeable in bankruptcy. It also might invalidate any insurance coverage. An example would be if you were twirling your Kimber on your finger and shot a neighbor, that would be negligence and you could walk away from it in bankruptcy. If you intentionally shot them and they sued you, different story.
 

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Who the hell buys Remington ARs anyways? I didn’t even know they made them.

IMHO, Remington have not made anything worth a crap in a long time. The older 700s and 870s are good firearms but, that’s about it.


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Who the hell buys Remington ARs anyways? I didn’t even know they made them.

IMHO, Remington have not made anything worth a crap in a long time. The older 700s and 870s are good firearms but, that’s about it.


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You forget that Remington owns Bushmaster! 🤠
 

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Remington owns DPMS too. CDNN is current liquidating remaining inventory. I do love the DPMS pin punch for taking down my ARs and other things, but now the price is soaring and bouncing all over the place. When they were $2 at a gun show I could give them to pretty young girls who needed a little help with their ARs. Geoff Who notes at his age, they are all young.
 

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You forget that Remington owns Bushmaster! 🤠
Negative. George Soros owns Freedom Arms. They own Remington, Bushmaster, DPMS, etc. They are all separate companies owned by parent company Freedom Arms. Should they sell Remington to the Indians, that would have no effect on Bushmaster, DPMS, or the other companies owned by Freedom Arms. GARY.
 

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Cite please! Regardless, my comment was merely quoting the OP linked article from The New York Post, not that I put much faith in the accuracy of the New York press! :unsure:
 

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I don’t know where he got that either Cerberus capital Group owns Freedom Group, not Freedom Arms. They are the parent company for about 14 different firearms companies. From a quick look, it appears the ownership behind the capital group is a guy named Steven Feinberg. Freedom arms is a tiny by comparison company out in Wyoming that makes a small number of high end revolvers.

I didn’t see any mention of George Soros. Either the poster knows something we don’t or is just inadvertently passing along a conspiracy theory.
 

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I don’t know where he got that either Cerberus capital Group owns Freedom Group, not Freedom Arms. They are the parent company for about 14 different firearms companies. From a quick look, it appears the ownership behind the capital group is a guy named Steven Feinberg. Freedom arms is a tiny by comparison company out in Wyoming that makes a small number of high end revolvers.

I didn’t see any mention of George Soros. Either the poster knows something we don’t or is just inadvertently passing along a conspiracy theory.
Did you happen to notice that former Vice President Dan Quayle is a chairman over at Cerberus?
 
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