Remington caved...

So, correct me if I am wrong, but this sets no legal precedent, just tells me that whoever is in charge of Remington now has no spine.
i would be very surprised if this set any precedent.
the point of settling is to go out by losing cash, but on your own terms - admit no wrongdoing, no involvement, etc. it's a "i don't want to deal with you, so here's money to go away and never bother me again" prize
 
i would be very surprised if this set any precedent.
the point of settling is to go out by losing cash, but on your own terms - admit no wrongdoing, no involvement, etc. it's a "i don't want to deal with you, so here's money to go away and never bother me again" prize

More than that, settlement is typically just plain cheaper than litigating as a defendant—even if you would win. The case has been pending for seven years already and could have gone on for several more with appeals and multiple trials.

The only “precedent” set was set around five years ago when the industry learned marketing and advertisement was not covered under the PLCAA.
 
  • "The settlement agreement also allows the families to make public thousands of pages of “internal company documents that prove Remington’s wrongdoing,” attorneys for the plaintiffs said in a press release."
Are any of these thousands of pages really going to show wrongdoing?

Did they market the Bushmaster as an excellent choice to kill your mother and take her Bushmaster and kill a bunch of kids in school?

“My beautiful butterfly, Dylan, is gone because Remington prioritized its profit over my son’s safety,” Nicole Hockley, whose son Dylan was killed in the shooting, said in the press release.
“My hope is that by facing and finally being penalized for the impact of their work, gun companies, along with the insurance and banking industries that enable them, will be forced to make their business practices safer than they have ever been,” Hockley said.

Sure, these are natural statements. Sounds like she's been properly indoctrinated. I don't think I ever heard a family member killed in a car accident call out insurance companies and the banks financing the car industry and that they should be put on notice.

Glad I chose Mossberg, CCI, Federal and Winchester. I think this decision will hurt Remington more financially cause a lot of people will never consider buying a Remington product now.

So what are things going to look like going forward... a 100 page booklet of what you Can't use a gun for and then what you Can use it for and have to initial each page, then sign date and have it booklet notarized and on file with the ATF forever? Maybe at the time of purchase we'll have to watch an educational video mandated by the state about not killing school kids with your brand new firearm. I haven't heard anything about any kind of solution to prevent this from happening again. I guess no one really cares about that though. Too bad Hockley didn't provide a teary eyed heartfelt indoctrinated statement about how this will make anyone any safer from this day on.
 
Guys,

Remington is not Remington. They have been broken into many pieces during the bankruptcy proceedings.

I am not sure who paid who, nor the legal status of a lawsuit pending on a bankruptcy of this kind.

Remington is a brand name now that sold it's categories of goods to everyone. No different then Browning, CVA, and so, so many others.

Insurance Company. So now all other gun businesses insurance rates will sky rocket or become unavailable. Nice tactic by the commies/nazi’s or whatever else you want to call them.
 
Glad I chose Mossberg, CCI, Federal and Winchester. I think this decision will hurt Remington more financially cause a lot of people will never consider buying a Remington product now.

Dude,
I am quoting you directly because you posted some brands. Not a direct reply to you.

The ties of brand A, B, C and D are thick, and deep.

 

But what about the 2005 Protection of Lawful Commerce in Arms Act (PLCAA) otherwise known as the Child Safety Lock Act? The PLCAA is pretty clear when it comes to suing gunmakers. You can’t sue a gun manufacturer because one of their guns was used in a crime. But read #3 closely (I’ve emphasized it):

Prohibits in any Federal or State court a civil liability action brought by any person against a manufacturer or seller of a qualified product (firearm or ammunition), or a trade association, for damages resulting from the criminal or unlawful misuse of such product by the person or a third party. Requires immediate dismissal of any such action pending on the date of enactment of this Act. Excludes from such prohibition (thus allows) any action: (1) brought against a transferor convicted under Federal or State law by a party directly harmed by the conduct of which the transferee is so convicted; (2) brought against a seller for negligent entrustment or negligence per se; (3) where a manufacturer or seller of a qualified product knowingly and willfully violated a State or Federal statute applicable to the sale or marketing of the product, and the violation was a proximate cause of the harm for which relief is sought; (4) for breach of contract or warranty in connection with the purchase of the product; or (5) for physical injuries or property damage resulting directly from a defect in design or manufacture of the product, when used as intended.
Lawyers for the families focused on the marketing of the gun used in the shooting. They argued that Remington used images and marketing phrasing such as “Control Your Destiny” and “Bravery on Duty” that hinted at military imagery, which is illegalin Connecticut, and thus they are partly responsible for Lanza’s carnage. You can see examples of Bushmaster marketing here.

Is that enough to sue Remington? Logically, no it’s not. We don’t even know if Lanza, or his mother who bought the gun from a Connecticut gunshop, saw the ads. Remington was expected to win this lawsuit. However, emotions understandably run high when 20 elementary school kids have been murdered.

“When the Sandy Hook families came to see us, it was about nine years ago, and it was in the aftermath of shattering loss, and they were stunned, and they didn’t know what to do or where to go,” Joshua Koskoff, attorney for the families stated in a press conference. “But they had the energy and drive and motivation to do one thing, and that was to do whatever they could so that other families would not have to go through the kind of pain and loss that they had.”

The last line is telling. The attorney makes it clear he is not merely looking for a financial settlement, he wants Remington, the nation’s oldest gunmaker, to go away.

FACT-O-RAMA! Remington Arms filed for bankruptcy for the second time in 2020.
Remington offered a $33 million payout but later agreed to the $73 million. Remington also allowed the families to release Remington’s gun marketing strategies.

Remington has sold off some of its other firearm-related companies. JPMorgan, a Remington creditor, has taken over a piece of the pie as well.
 
A lot of of the specialty gun manufacturers have shallow pockets. This action could lose them their insurance and put them out of business. For the rest, their insurance goes up and they pass it along to the public.
 
A lot of of the specialty gun manufacturers have shallow pockets. This action could lose them their inesurance and put them out of business. For the rest, their insurance goes up and they pass it along to the public.

Exactly right. I hate that the insurance company (companies) decided to settle and pay out millions. Although not really a legal precedent, it IS a strategic precedent. Small manufacturers could easily be put out of business trying to defend themselves, and rising insurance rates hurt everyone. Terrible turn of events.
 
I'll never buy another item from them.
 
Remington did not cave, the 4 companies that insured them at the time did. The thing is the shooter did not BUY the gun, he STOLE it. So I am supposed to believe his MOTHER bought it because of the testosterone laden marketing??? Did he talk her into buying it?
 
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