Remington Outdoor Company
The firm was debtors’ co-counsel to Remington Outdoor Company in its chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware. The company, one of the oldest firearm manufacturers in the country, filed for bankruptcy protection amid over $1 billion in debt and a decrease in sales. The firm guided the company to a successful confirmation of its reorganization plan that cut approximately $775 million from the company’s balance sheet and allowed it to emerge from bankruptcy with sufficient working capital to maintain its operations.