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Sandy Hooks Take $73M from Remington in Settlement

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  • Laetum
    Member
    • Oct 2013
    • 200

    Sandy Hooks Take $73M from Remington in Settlement

    Pick your own news outlet:

    Google Sandy Hook Settlement

    I guess they found some ninjas on Remington's Marketing team and held them accountable.
    Guns don't kill people, NINJAS kill people.
    sigpic
  • #2
    Thresher
    Senior Member
    • Sep 2013
    • 802

    Bad precedent.

    Comment

    • #3
      cz74
      Senior Member
      • May 2020
      • 912

      Families cashing in on the tragedy f** disgusting

      Comment

      • #4
        Tango_Down
        Senior Member
        • Dec 2017
        • 1175

        Cool. Now I can sue car companies for making me late to work. I mean it's their fault right, since they are the vehicle and I'm just the driver.

        Comment

        • #5
          The Gleam
          I need a LIFE!!
          • Feb 2011
          • 11225

          Did your kid choke on PEZ candy?

          Sue the company for that, and its semi-automatic high-capacity 12-round dispenser:

          PEZ Candy, Inc.
          United States & Canada
          35 Prindle Hill Road
          Orange, CT 06477-3616, USA
          Phone: 203-795-0531

          ------
          -----------------------------------------------
          Originally posted by Librarian
          What compelling interest has any level of government in knowing what guns are owned by civilians? (Those owned by government should be inventoried and tracked, for exactly the same reasons computers and desks and chairs are tracked: responsible care of public property.)

          If some level of government had that information, what would they do with it? How would having that info benefit public safety? How would it benefit law enforcement?

          Comment

          • #6
            MJB
            CGSSA Associate
            • Sep 2010
            • 5916

            Who do I sue for my hangover
            One life so don't blow it......Always die with your boots on!

            Comment

            • #7
              Fastattack
              Senior Member
              • Mar 2008
              • 1632

              Shame on Remington. What did Remington do wrong? And for that matter, why not the distributor and retailer. Throw in the ammo company and gun safe manufacturer for good measure.

              Comment

              • #8
                BobB35
                Senior Member
                • Nov 2008
                • 782

                There is more to this than the settlement. Remington has filed bankruptcy 2x in the last 4 yrs and was sold off in pieces

                Bankrupt gunmaker Remington has been parted out and sold. See where Marlin, DPMS, Bushmaster, Tapco, and more ended up.


                So not sure exactly who is on the hook for this $73 million? Is it the insurance company or whoever bought Bushmaster or whoever picked up the marketing department?

                My guess is it is an insurance company who is on the hook and decided to settle and cut thier losses. So in the end the title should read: Insurance company settles with families.

                The "company" that made these decisions and sold the rifle no longer exist and it is just a brand name.

                Comment

                • #9
                  The Tiger
                  Senior Member
                  • Feb 2012
                  • 1989

                  Originally posted by BobB35
                  There is more to this than the settlement. Remington has filed bankruptcy 2x in the last 4 yrs and was sold off in pieces

                  Bankrupt gunmaker Remington has been parted out and sold. See where Marlin, DPMS, Bushmaster, Tapco, and more ended up.


                  So not sure exactly who is on the hook for this $73 million? Is it the insurance company or whoever bought Bushmaster or whoever picked up the marketing department?

                  My guess is it is an insurance company who is on the hook and decided to settle and cut thier losses. So in the end the title should read: Insurance company settles with families.

                  The "company" that made these decisions and sold the rifle no longer exist and it is just a brand name.
                  That is probably right. But in the end it looks bad and sets people's expectations in a way that I don't like.
                  sigpic
                  NRA Benefactor
                  CRPA Life Member
                  GOA Member

                  Comment

                  • #10
                    taperxz
                    I need a LIFE!!
                    • Feb 2010
                    • 19395

                    This was about advertising by a company that is bankrupt and no longer makes guns. This was just a way to not have to fight a lawsuit holding up the disolution of a dead entity.

                    This company was dead financially before Sandy Hook even happened. For all intents and purposes, Remington was going away regardless and was sold to the new Rem Arms

                    Comment

                    • #11
                      Joust
                      Member
                      • Dec 2019
                      • 146

                      Originally posted by BobB35
                      There is more to this than the settlement. Remington has filed bankruptcy 2x in the last 4 yrs and was sold off in pieces

                      Bankrupt gunmaker Remington has been parted out and sold. See where Marlin, DPMS, Bushmaster, Tapco, and more ended up.


                      So not sure exactly who is on the hook for this $73 million? Is it the insurance company or whoever bought Bushmaster or whoever picked up the marketing department?

                      My guess is it is an insurance company who is on the hook and decided to settle and cut thier losses. So in the end the title should read: Insurance company settles with families.

                      The "company" that made these decisions and sold the rifle no longer exist and it is just a brand name.

                      Comment

                      • #12
                        pennstater
                        Veteran Member
                        • Aug 2010
                        • 4647

                        Originally posted by MJB
                        Who do I sue for my hangover
                        Smirnoff.

                        Comment

                        • #13
                          sbo80
                          Senior Member
                          • Apr 2014
                          • 2263

                          To be fair that was a jury-awarded punishment, not a settlement. McD's refused to settle, took it to court, and some shenanigans happened, and the jury didn't like McD's trying to screw over an old lady who required skin grafts from the burns and a $30k medical bill. That's what the lady sued for, but the jury gave her a lot more.
                          What bothers me about this one, is that it was a settlement, ok fine. Settlements are always done because it appears the cheapest way to end things. But I've seen two MSM reports that explicitly say Remington was "held liable". Even though that's not anything close to the truth. A settlement is the closest thing to a legal bribe (or shakedown, depending on your side), just to make things go away. It doesn't require guilt, or liability, or even any truth. But to say that Remington was responsible is a dangerous precedent for people to think, even if it isn't true. Misinformation indeed.

                          Comment

                          • #14
                            FISHNFRANK
                            Senior Member
                            • Jul 2008
                            • 1023

                            Did Remington settle? Or did their bankruptcy trustee settle on the dissolved company’s behalf? I don’t think any exec that ever worked for Remington is making decisions anymore.

                            Comment

                            • #15
                              IVC
                              I need a LIFE!!
                              • Jul 2010
                              • 17594

                              This is very unfortunate, but it was a state law, it was about advertising, it was a settlement and it was with an entity in a very special legal position going through bankruptcy and a takeover.

                              Don't be too disturbed, though - anti-gun lawyers have been trying, and will continue to try, to get around PLCAA. This doesn't "embolden" or "encourage" any other group to try to sue gun manufacturers, they've been trying to do it all along, PLCAA or not. The process hasn't changed and the paradigm hasn't changed. The courts will still be called to dismiss frivolous lawsuits using PLCAA as the hammer, and the manufacturers will still lose a bit of money going through the initial pleadings in courts, but it's nothing compared to what a full scaled trial in with an anti-gun jury could produce.
                              sigpicNRA Benefactor Member

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