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Law360: Remington Hits Ch. 11 Again Despite Virus Gun Sale SurgeJuly 28, 2020
O’Melveny is representing Remington Outdoor Company Inc. in filing for Chapter 11 protection in Alabama bankruptcy court, this article reported. Despite an uptick in gun sales spurred by the COVID-19 pandemic and civil unrest in the US, the company was unable to take advantage of this new demand due to cash constraints, Law360 noted.
The O’Melveny team representing Remington includes partners Stephen H. Warren and Jennifer Taylor and of counsel Karen Rinehart.
Law360 subscribers can read the full article here.