REMINGTON ARMS COMPANY, LLC Bankruptcy Filing
Case Number: 20-81692
REMINGTON ARMS COMPANY, LLC filed a 11 chapter bankruptcy in the Northern District of Alabama bankruptcy court on July 27, 2020. This is a voluntary filing; it was assigned the bankruptcy case number #20-81692.
REMINGTON ARMS COMPANY, LLC Filing Information
The bankruptcy petition for REMINGTON ARMS COMPANY, LLC showed assets in the range of $100MM - $500MM with liabilities in the range of $100MM - $500MM. REMINGTON ARMS COMPANY, LLC reports that the number of creditors is in the range of 1,000-5,000.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
REMINGTON ARMS COMPANY, LLC indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
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REMINGTON ARMS COMPANY, LLC Docket Header
PlnDue, DsclsDue, JNTADMN |
NORTHERN DISTRICT OF ALABAMA (Decatur)
Bankruptcy Petition #: 20-81692-CRJ11
Assigned to: Clifton R. Jessup Jr. Chapter 11 Voluntary Asset |
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| Debtor Remington Arms Company, LLC 100 Electronics Boulevard SW Huntsville, AL 35824 MADISON-AL 205-251-3000 Tax ID / EIN: 51-0350935 aka Remington Arms Company, Inc. |
rep. by | Derek F Meek
Burr & Forman LLP 420 North 20th Street Suite 3400 Birmingham, AL 35203 205 251-3000 Fax : 205-458-5100 Email: dmeek @ burr.com |