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Home New Cases Remington Outdoor Company Creditor Trust Files 140 Clawback Lawsuits

Remington Outdoor Company Creditor Trust Files 140 Clawback Lawsuits

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January 21, 2022, Northern District of Alabama – Eugene I. Davis, as the plan administrator supervising the Remington Outdoor Company Creditor Trust, files one hundred and forty (140) clawback lawsuits to avoid and recover more than $16 million in alleged preferential and fraudulent transfers and to disallow any claims held by the defendants under Sections 547, 548 and 502 of the Bankruptcy Code in the bankruptcy case of Debtors Remington Outdoor Company, Inc., et al.

So far, the most prominent case in the group are :

Adversary Proceeding Number Defendant Debtor Amount of Claim ($)
22-80043 Continental Traffic Service, Inc. Remington Outdoor Company, Inc. 2,274,714.6
22-80050 Eco-Bat Indiana, L.L.C. Remington Outdoor Company, Inc. 1,001,096.6
22-80039 Murski Breeding Sales Co., Inc. Remington Outdoor Company, Inc. 928,731.89
22-80090 Alliant Techsystems Operations LLC Remington Outdoor Company, Inc. 627,412.62

Before filing for bankruptcy, the Debtors, as manufacturers of firearms and ammunition, maintained business relationships with various business entities, through which they regularly purchased, sold, received, and delivered goods and services. The Debtors also regularly paid for services used to facilitate their business. The case is In re: Remington Outdoor Company, Inc., et al. jointly administered under Case No. 20-81688-CRJ11. ASK LLP represents the Trustee, and Honorable Clifton R. Jessup Jr. oversees the Debtor’s bankruptcy cases.

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