Tagged: bankruptcy

Remington Arms, oldest gun-maker in U.S., declares bankruptcy

Gun manufacturer Remington Arms Company filed for bankruptcy protection on Monday despite a recent surge in sales amid the coronavirus pandemic and anti-racism protests, per the Wall Street Journal. Its chapter 11 filing in the U.S. Bankruptcy Court in Decatur, Ala., marks the second time since 2018 that it’s filed for bankruptcy. Read More: axios.com