Posted April 2, 2018 2:30 pm by Comments

By Daniel Terrill

Boxes of Remington ammo stacked at a gun range out in Yavapai County, Arizona, in September 2017. (Photo: Daniel Terrill/Guns.com)
Courts overseeing two high profile lawsuits involving Remington Outdoor Company have stayed the cases until the gun maker emerges from bankruptcy court. In both cases — one filed by families of Sandy Hook shooting victims and another by a class over a defective trigger design — Remington triggered an automatic stay when it filed for chapter 11 protections.
Although the North Carolina-based company received a $75 million loan to continue manufacturing operations during the bankruptcy process, the stay is intended to prevent the creation of a greater financial burden amid the complex debt restructuring. Five federal civil cases have been closed out of the two dozen or so still open.
The stay delayed a Connecticut-state appellate court from determining if the case brought against Remington could continue on to a jury trial. The court heard oral arguments last year. The case, filed by nine families of victims killed or hurt in the 2012 Sandy Hook school shooting, sought to find a way around a federal law that shields gun makers from liability if their products are used in a crime. The families argued

Source: Guns.com

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