Can we make this case label?

[William Davis]

It really has nothing to do with right wrong or Remington.

Company bankrup the sharks come out looking for blood. All it takes is one attorney seeing PGCA using Remington trademarks and having cash in our bank account. He takes us to court and settles out of court, gets a cut of the settlement. The Bankruptcy Court can’t play favorites, have to protect creditors and accepts the agreement.

I was called to testify in a similar case years ago. Attoney representing creditors brought a frivolous lawsuit against a former vendor to the bankrupt company. Case was thrown out it was so ridiculous, vendor had to pay his own legal bills. No recourse.

It’s not worth it.

William

[OH Osthaus]

Originally Posted by William Davis

It really has nothing to do with right wrong or Remington.

Company bankrup the sharks come out looking for blood. All it takes is one attorney seeing PGCA using Remington trademarks and having cash in our bank account. He takes us to court and settles out of court, gets a cut of the settlement. The Bankruptcy Court can’t play favorites, have to protect creditors and accepts the agreement.

I was called to testify in a similar case years ago. Attoney representing creditors brought a frivolous lawsuit against a former vendor to the bankrupt company. Case was thrown out it was so ridiculous, vendor had to pay his own legal bills. No recourse.

It’s not worth it.

William

you are correct in all you say


BUT

i find it sad that in this world any more, most of the time, it has nothing to do with right or wrong

[William Davis]

Rick international shipping for years was involved in a number lawsuits. Every legal system is different and we always took the advice of our attorneys. Most of the time in the US the advice was settle because of the cost. Primary difference in the American system vs other countries is no compensation for you expenses when sued even if the case is thrown out.

Key issue in bankruptcy is it’s not Remington that would want compensation for unauthorized use of trademark. It’s the creditors that are looking for money as a group. And the court is likely to agree to hear anyone bringing a legitimate claim. Money recovered goes into the pool paying all creditors. I don’t look on it in a negative way, the creditors deserve to be paid. Only issue I have is frivolous. More often than not the result of overloaded courts accepting most claims & letting the attorneys work it out.

William