Rem should just file Bankruptcy
Pay the O's billions and fold stiff the piss ant lawyers and flip off the Supreme Court
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Yep... and open up again under a new name . 0 -
Remington filed Chapter 11 bankruptcy last year, which allowed them to restructure their debt. They are now out of bankruptcy. I'm not a CPA (although we have a CPA in the forum), but I would say it is highly unlikely that a company can file for bankruptcy again after such a short interval. 0 -
It sucks that Remington has to continue fighting this in court but seems pretty likely they will eventually win. 0 -
Henry0Reilly wrote:It sucks that Remington has to continue fighting this in court but seems pretty likely they will eventually win.
There should be no question that a legal product that performs as designed and advertised should be immune from prosecution if that product does in fact perform as advertised.
If Monsanto/Bayer can be sued and forced to pay $ 2 billion because a weed killer is dangerous to living things, I would not place a whole lot of money on Remington winning.
If pharmaceutical companies can be sued to the tune billions because they manufacture pain killers that effectively kill pain, I would not necessarily place a whole lot of money on Remington winning.
A jury of ignoramuses could find Remington's advertising and marketing just a bad as was found on the aforementioned. Frankly it would not surprise me at all.0
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