Lefkovitz & Lefkovitz
Nashville Office 615-686-2279       Cookeville Office 931-400-2218

Nashville Office 615-686-2279
Cookeville Office 931-400-2218

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Chapter 11

Remington announces bankruptcy plans

Tennessee residents have used firearms manufactured by Remington to hunt or protect their property for two centuries, but declining sales have placed the future of the North Carolina-based company in jeopardy. The Remington Outdoor Company announced on Feb. 12 that it...

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About Chapter 11 bankruptcy

A business owner in Tennessee may use Chapter 11 bankruptcy to reorganize a company if it's saddled with substantial debt. While this type of bankruptcy is usually associated with corporations, small businesses are also eligible to file. Chapter 11 allows debtors to...

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