Metal Storm Collapse Leads To Multi- Million-Dollar Lawsuit
By Nathaniel F
Australian company Metal Storm, home of the eponymous electrically-fired sequential-firing high rate of fire concept, became insolvent and was placed under administration in 2012, but the fallout is ongoing, and could become considerable. Financial Review reports: A New York-based investment firm advised by John Hancock will sue Equity Trustees for tens of millions of dollars following the demise of electronic […]
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Source:: The Firearm Blog
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