I suspect that it's not Remington making this decision but their insurer. If Remington doesn't agree to settle if their insurer and the other side agree to it then they could lose their insurance and be FULLY liable....thus they will go along for the ride simply because sometimes that is how business works. It's the same with many baseless lawsuits.....they get setteled because the costs of fighting them plus the risk of losing even if the suit is baseless are too great....so a settlement is offered. Just proof that our legal system is ALL KINDS of fuc*ed up.
I reserve the right to delete patently offensive comments. Or, really, any comment I feel like. Or I might leave a really juicy comment up for private ridicule. Also spammers.
You can always offend hippies in the comment section. Chances are, those will be held up as a proper example...
Remington should have said, "Fuck off, we'll see you at trial!" and used the $33M to bankrupt all them hoplophobes.
ReplyDeleteRemington was going bad before the bankruptcy. Now they've doubled down on stupid.
ReplyDeleteI suspect that it's not Remington making this decision but their insurer.
ReplyDeleteIf Remington doesn't agree to settle if their insurer and the other side
agree to it then they could lose their insurance and be FULLY liable....thus
they will go along for the ride simply because sometimes that is how business works. It's the same with many baseless lawsuits.....they get setteled because the costs of fighting them plus the risk of losing even if the suit is baseless are too great....so a settlement is offered. Just proof that our legal system is ALL KINDS of fuc*ed up.