Joining the ranks of companies whose name used to mean something (lol, colt, lol) remington has filed bankruptcy for the 2nd time.
In an era of unprecedented demand for guns, with more background checks in this period than ever before, remington can't sell their mediocre shit.
With industry leading (in NDs) products like the 700, the r1 1911, coming years after the 1911 resurgence, the 870, a gun that everyone owns but has lost ground to the 500, let's not forget their semiautomatic shotguns. Oh, wait, let's forget those because they are shit.
Good thing remington started selling AR15s. Who wouldn't want a 1/9 bbl twist carbine gas system flat top for $800? Lol.
In a final glorious insult, an indian nation wanted to use their casino money to buy big green and atop making scary ARs and focus on "smart guns". I can't actually think of anything obscene enough to say to that.
Uncle Scruffy
Well...it's chapter 11 so they likely arnt going anywhere. But they are claiming to be hamstrung by debt due to the Sandy Hook lawsuits (which I hear now hinge on finding evidence the shooter saw some Remington advertising?) as well as weak sales (when all gun sales are through the roof) so it doesn't paint a grim picture but not an especially Rosie one. Especially since...well...you know...most of their guns suck.
The fear here is that if this Sandy Hook bullshit lawsuit works then all gun makers are going to be open to lawsuit. Which spells doom for the gun industry in lawyer fees alone.
I imagine the smart gun nonsense is some sort of PR game?
Don't think that lawsuit will succeed. That add was silly but nothing there says "hey take this mediocre rifle and go shoot some kids you sick cunt'".
Then only thing that's gotten it this far is judicial activism.
Sure because where does it stop there? Sue Ford Motor because you got run over? Sue Budweiser for getting a DUI? Sue Disney because Gaston turned you into a gay?
Mad world.
Sue Disney because Gaston told me to eat 4 dozen eggs and made my tunny hurt