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The Gun Industry's Favorite Trick

March 28, 2018 in Blogs

By Kali Holloway, AlterNet

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A major gun maker may have declared bankruptcy in order to avoid real change.


Remington, the weapons giant that produced the semi-automatic rifle used in the 2012 Sandy Hook massacre, declared bankruptcy in a Delaware court filing Sunday. Across social media, people applauded the company’s demise following a very good run, if more than 200 years of profiteering off products with no explicit purpose other than murder can be summed up as good. Like so many gun manufacturers, Remington seems to have succumbed to a sales drop brought on by the election of the gun industry's self-declared “true friend in the White House,” thus ending the panic-driven gun rush of the Obama era. Just days after the March for Our lives, Remington’s fall appeared as a hopeful sign that the gun industry has real weak spots. That, or an industry titan is just putting on a different shell game this time around.

On Twitter, Georgetown University law professor Heidi Li Feldman pointed out an issue largely uncommented on in other reports about Remington’s Chapter 11 filing. In 2015, one living survivor and the families of nine Sandy Hook victims filed suit against Remington, accusing the gun maker of marketing a war weapon to civilians. A Connecticut court dismissed the case in 2016, but the state’s Supreme Court is currently weighing whether to reverse that decision and allow the case to proceed. The Remington bankruptcy filing stalls the process, halting the case for a period.

“The people who own gun companies really, really do not want to see a precedent established which permits the sort of suit the Sandy Hook plaintiffs are bringing to go forward on the merits,” Feldman told me. “When you file for Chapter 11, you stay any pending litigation. That means the Connecticut Supreme Court isn’t …read more

Source: ALTERNET

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