Long-lived firearms manufacturer Remington Arms has been divided up amidst its bankruptcy auctions which started shortly after its second bankruptcy filing earlier this year with the intent to sell assets. The Remington asset bids have recently been revealed with some [Read More…]
A few weeks ago we covered how Remington appeared to be preparing to file for Chapter 11 Bankruptcy a second time. It turns out that everything except for the buyout by Navajo Nation came to pass over the past couple of months which saw a massive spike in gun sales amid [Read More…]
Virtually any institution with a history spanning more than two centuries is almost certain to experience its fair share of ups and downs over those many years. America’s oldest gun maker, the Remington Arms Company, is no exception. Since its founding by [Read More…]
According to court documents, A.D.K. Arms, Inc. filed for Chapter 11 bankruptcy on July 20 of this year. This filing was made at the U.S. Bankruptcy Court, Northern District of Illinois. A.D.K. Arms sells a range of firearms products centered on the AR-10 and AR-15 [Read More…]
Many people predicted the fate of Gander Mountain and now more information is surfacing. By filing for Chapter 11 bankruptcy it allows Gander Mountain to clean up their dirty laundry, consolidate as needed, and potentially sell the company without too much disruption [Read More…]
The end we knew would come has finally begun. Colt Defense, LLC is set to file chapter 11 bankruptcy protection tomorrow, according to insider sources, reports marketwatch.com: Gun maker Colt Defense LLC plans to file for chapter 11 bankruptcy protection by Monday, [Read More…]
Disclaimer: I don’t really speak financialese, and therefore would urge readers to double-check anything I’ve written on the subject. Don’t be afraid to correct me in the comments, either! Daniel Watters, the inimitable author of The 5.56 Timeline, has [Read More…]
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