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 Post subject: Remington to Become the Subject of a Federal Investigation
PostPosted: Thu Oct 29, 2020 10:26 am 
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"Multiple trusted sources close to the transaction report that D’Arcy was the man behind the Roundhill Group and used another individual as the group’s public face until the asset purchase was completed. Once Roundhill closed on the asset purchase, that person parted ways with Roundhill and D’Arcy’s involvement was made public.

The heart of the pending investigation has to do with Remington’s termination of 585 Ilion, New York employees last week, refusing to honor union contracts which I am told required Remington to pay severance, vacation pay, and other employee benefits to terminated workers including health care. The benefits will be cut off as of October 31."

https://www.thetruthaboutguns.com/break ... stigation/

:shock:




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 Post subject: Re: Remington to Become the Subject of a Federal Investigati
PostPosted: Thu Oct 29, 2020 1:48 pm 
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bayoushooter7 wrote:
"Multiple trusted sources close to the transaction report that D’Arcy was the man behind the Roundhill Group and used another individual as the group’s public face until the asset purchase was completed. Once Roundhill closed on the asset purchase, that person parted ways with Roundhill and D’Arcy’s involvement was made public.

The heart of the pending investigation has to do with Remington’s termination of 585 Ilion, New York employees last week, refusing to honor union contracts which I am told required Remington to pay severance, vacation pay, and other employee benefits to terminated workers including health care. The benefits will be cut off as of October 31."

https://www.thetruthaboutguns.com/break ... stigation/

:shock:


More nails in the coffin!


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 Post subject: Re: Remington to Become the Subject of a Federal Investigati
PostPosted: Thu Oct 29, 2020 2:03 pm 
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The government will at least make a show of taking up for the union in heavily union New York. When an entity is sold, everything is up in the air.

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I do not trust Remington's dating service accuracy. If they were Match.com, you could end up with Nancy Pelosi.


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 Post subject: Re: Remington to Become the Subject of a Federal Investigati
PostPosted: Thu Oct 29, 2020 2:51 pm 
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bayoushooter7 wrote:
"Multiple trusted sources


Trusted by who? This is simple union-speak for sour grapes. It was already litigated in Federal Court.

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 Post subject: Re: Remington to Become the Subject of a Federal Investigati
PostPosted: Thu Oct 29, 2020 5:20 pm 
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A story without attribution from an internet blog is not the best source of information.


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 Post subject: Re: Remington to Become the Subject of a Federal Investigati
PostPosted: Fri Oct 30, 2020 5:43 am 
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Bankruptcy means you don't have to pay your bills or honor contracts. Who doesn't know this?

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 Post subject: Re: Remington to Become the Subject of a Federal Investigati
PostPosted: Fri Oct 30, 2020 6:55 am 
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The vast majority of union idiots...

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 Post subject: Re: Remington to Become the Subject of a Federal Investigati
PostPosted: Fri Oct 30, 2020 9:28 am 
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So what? That story means nothing. Auctions are carried on all the time with anonymous persons in the background. What’s illegal about that? The Union can pound sand. There is no money. What is it about that fact that is so difficult to understand?

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 Post subject: Re: Remington to Become the Subject of a Federal Investigati
PostPosted: Fri Oct 30, 2020 9:32 am 
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There are the proceeds of the sale.
An employee claim against the sale should be considered along with other creditors.
That may be the play here.


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 Post subject: Re: Remington to Become the Subject of a Federal Investigati
PostPosted: Fri Oct 30, 2020 9:47 am 
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saskbooknut wrote:
There are the proceeds of the sale.
An employee claim against the sale should be considered along with other creditors.


It is all right here: https://cases.primeclerk.com/RemingtonOutdoor/

Quote:
3.Any person or entity (including, without limitation, each individual, partnership, joint venture, corporation, estate, trust and governmental unit) that holds, or seeks to assert, a Claim (as defined in section 101(5) of the Bankruptcy Code) that arose, or is deemed to have arisen, prior to the Petition Date, no matter how remote, contingent, or unliquidated, including, without limitation, secured Claims, unsecured priority Claims (including, without limitation, Claims entitled to priority under sections 507(a)(3) through 507(a)(10) and 503(b)(9) of the Bankruptcy Code) and unsecured non-priority Claims (including, without limitation, Claims under sections 502(d) and 502(g) of the Bankruptcy Code and any other Claims described or defined in this Order or the Motion), must properly file a Proof of Claim on or before the applicable Bar Date (pursuant to the procedures set forth in this Order) in order to share in the Debtors’ estates or otherwise Case 20-81688-CRJ11 Doc 1039 Filed 10/26/20 Entered 10/26/20 13:44:49 DescMain Document Page 2 of 24
3 participate in voting on any chapter 11 plan of reorganization or distributions under any such plan. All persons or entities described in the preceding sentence, including creditors, as defined in section 101(10) of the Bankruptcy Code, are referred to herein as a “Claimant” or “Claimants.” 4.Pursuant to Bankruptcy Rule 3003(c)(2), any Claimant, or equity security holder (as defined in section 101(17) of the Bankruptcy Code) who asserts a Claim that arose, or is deemed to have arisen, prior to July 27, 2020 (the “Petition Date”) must file a Proof of Claim on or before December 10, 2020 at 5:00 p.m. (prevailing Central Time) (the “General Bar Date”) in accordance with the procedures provided in this Order. 5.Any Claimant that asserts a Claim entitled to priority under section 503(b)(9) of the Bankruptcy Code (a “503(b)(9) Claim”) must file a Proof of Claim on or prior to the General Bar Date. 6.Any governmental unit (as defined in section 101(27) of the Bankruptcy Code) that asserts a Claim must file a Proof of Claim on or before January 25, 2021 at 5:00 p.m. (prevailing Central Time) (the “Government Bar Date”). 7.Any Claimant that asserts a Claim as a result of the Debtors’ amendment or supplement to the Schedules that (i) reduces the undisputed, non-contingent, and liquidated amount of such Claimant’s Claim, (ii) changes the nature or characterization of such Claimant’s Claim, or (iii) adds a new claim with respect to such Claimant to the Schedules (an “Amended Schedule Claim”) must file a Proof of Claim on account of such Amended Schedule Claim on or before the later of (a) the General Bar Date or (b) 5:00 p.m. (prevailing Central Time) on the date that is thirty (30) calendar days after service of a notice on an affected Claimant of an amendment or supplement to the Schedules that is filed after entry of the Bar Date Order (the “Amended Schedule Bar Date” . . .

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 Post subject: Re: Remington to Become the Subject of a Federal Investigati
PostPosted: Fri Oct 30, 2020 11:06 am 
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The government is, as usual, trying to appear to be looking out for the union employees.
Arguing about who gets how much water when the well is dry is foolish.

_________________
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I do not trust Remington's dating service accuracy. If they were Match.com, you could end up with Nancy Pelosi.


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 Post subject: Re: Remington to Become the Subject of a Federal Investigati
PostPosted: Fri Oct 30, 2020 12:06 pm 
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Joined: Thu Oct 17, 2013 10:56 am
Posts: 208
Virginian wrote:
Arguing about who gets how much water when the well is dry is foolish.



Well said.




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