bankruptcy

I apologize if this is the wrong sub forum I felt it fit legal better then general but mods feel free to move it if I was wrong I really wasn’t sure. So I was doing some reading about when Sig Sauer closed down in Germany and I came across this sentence and it made me wonder and I couldn’t much...

http://www.philly.com/philly/blogs/inq-phillydeals/gunmaker-remington-faces-default-as-americans-buy-fewer-firearms-20171117.html Remington Outdoor, the second-largest U.S. gunmaker has suffered a “rapid” and “sharp” deterioration in sales and a similar drop in profits since January, and faces...