Remington files for Chapter 11 bankruptcy protection, again – CBS News

Remington Arms, the nation’s oldest gunmaker, has declared bankruptcy for the second time in as many years. Remington first soughtbankruptcy protection in 2018after reporting nearly $1 billion in debt. Although the company exited court supervision that same year, it remained weighed down by lawsuits and retail sales restrictions following the2012 Sandy Hook school massacre. The…

Big Retail Group Offers Up $1.4 Billion To Settle Accounting Scandal After Off loading Harris Scarf – ChannelNews

Steinhoff, the corrupt South African retail group who changed their name to Greenlit Brands in Australia and were responsible for the questionable sale of Harris Scarf, that saw consumer and appliance distributors owed millions is offering up A$1.4 Billion dollars to settle a multi-billion dollar accounting scandal. Greenlit Brands CEO Michael Ford, he was not…