Remington offers $33 million to families of Sandy Hook school shooting victims

[Sawin]

I can't help but notice the original headline was about $33 Million and now it's $73 Million.... that's also some insane ballooning on top of it.

[theGinsue]

Yes, they set a hugely bad precedent.

If Remington thinks that this is the end of it, they're dead wrong. They've opened the floodgates for themselves and every other firearms manufacturer. This is just the beginning.

Dumbasses.

[BPTactical]

Indeed.

Some felon drives through a parade killing and wounding many people? Don't go after the driver, go after the vehicle manufacturer. Yeah, that makes sense.

But go after the manufacturer because of the way they advertised it.

WTF over?

[eddiememphis]

If Remington thinks that this is the end of it, they're dead wrong.

There is no Remington anymore. They went bankrupt last July and their divisions were auctioned off in September.

Expect to see more lawsuits filed, even though this wasn't a direct ruling by a court. This was a settlement with those that filed suit and the insurance company that held Remington's liability.

This was an odd case, since there is federal protection against this type of suit, yet Connecticut's Supreme Court ruled the it could go forward, based on their marketing, not the actual production of the rifles.

Also, since the company went under, they were not able to see it through to court.

The precedent that is scary for the manufacturers is that fewer insurance companies will be willing to take that big of a hit so will either not insure them or raise the premium so high as to be unaffordable for them.

Many large insurers are run by people that are sympathetic to the left and are vulnerable to political pressure.