Just saw where Remington filed for bankruptcy again. I always liked Remington shotguns. Seems like they just cannot manage their high level of debt.
That’s not what I ask. The 700 deal has been going on for several years. Was there a new ruling or something that brought this back to the front? The cost of fixing the problem in design was pennies per unit. The last I saw was $15 a unit. There was also estimate of how many would be returned. No small issue but only one of several that is putting Remington in the Red.Too much debt...I'm sure recalling 7.5 Million rifles didn't help.
No, I forget details but there was accidental discharge that killed a family member in a hunting camp. That’s what started the ball rolling. It didn’t help that in company records it was noted as defect and could have been remedies for pennies. I don’t ever put faith in any mechanical device. Any time someone gets shot it’s operator error, or success. When I was young I always loaded 6 in my Ruger Single-6 22lr. One day I fell out of a tree backwards into some brush. I landed on my back as gun went off. Shot through my calf from back to front. A HP bullet,didn’t open because muscles were lax. Still brought tears to my eyes. I didn’t sue Ruger but a guy in Alaska did same thing and won 4.7 Million judgement. This is only place in the world where you get rewarded for being stupid.Sandyhook?