Videos tagged with Bankruptcy Proceedings

This video discusses allegations of shady business practices surrounding the sale of the Remington plant in Ilion, New York, to the Round Hill Group. It highlights the termination of 585 employees, the alleged withholding of contractual benefits like severance and vacation pay, and potential violations of federal labor law. New York Congressman Anthony Bryndisi has called for an NLRB investigation into unfair labor practices.

This video from Guns & Gadgets discusses the potential sale of Remington's ammunition brands and Barnes Bullets to JJE Capital Holdings LLC, the owner of Palmetto State Armory. The report clarifies initial details about the bankruptcy sale, bid amounts, and the implications for ammunition production. The speaker, an experienced voice in 2nd Amendment news, provides an authoritative update on this significant industry transaction.