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If you're opposed to guns, isn't this a good thing? You make money and destroy 18 gun companies in the process.
by ksherlock 8y ago
If you're opposed to guns, isn't this a good thing? You make money and destroy 18 gun companies in the process.
- dfrage 8y agoBankruptcy comes in different flavors, and rather than a Chapter 7 liquidation, it's a "pre-packaged" Chapter 11 reorganization, according to Wikipedia's introduction "Remington exited bankruptcy in May 2018, less than two months after filing for protection under Ch. 11 laws. Remington's quick exit from bankruptcy was due to a pre-approved restructuring plan that was supported by 97% of its creditors." All part of the game that got them into this mess in the first place.