Remington Outdoor Company Creditor Trust Files 140 Clawback Lawsuits
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 $16 million in alleged preferential and fraudulent transfers and to disallow any claims held by the defendants under Sections 547, 548 and 502 of the Bankruptcy Code in the bankruptcy case of Debtors Remington Outdoor Company, Inc., et al.
So far, the most prominent cases in the group are :
|Adversary Proceeding Number||Defendant||Debtor||Amount of Claim ($)|
|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|
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.