Bloomberg Law
May 22, 2018, 12:58 PM UTC

Remington Defect-Deal Fight Resumes After Bankruptcy Step

• Plaintiff’s claims emerged unimpaired from bankruptcy, he says • Remington bankruptcy document cancels automatic stay of Eighth Circuit case

A challenge to a rifle-defect settlement between Remington and a class of gun owners can proceed again, Remington and the class representative told the U.S. Court of Appeals for the Eighth Circuit.

Remington’s Chapter 11 bankruptcy plan leaves the interests of general unsecured creditors, including named plaintiff Ian Pollard, “unimpaired and not subject to release, discharge or permanent injunction,” Pollard told the court May 17. And Remington filed a bankruptcy document that has the effect of terminating an automatic stay ...

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