Posts Tagged ‘Colt Firearms’

Los Fabricantes De Armas Que Es Más Macho Estados Unidos Mexicanos

Thursday, October 6th, 2022

Dwight sent over the text of a firearms case decision in “ESTADOS UNIDOS MEXICANOS, Plaintiff, v. SMITH & WESSON BRANDS, INC.” etc., or Mexico v Smith & Wesson et. al. (“Barrett Firearms Manufacturing, Inc.; Beretta USA Corp.; Century International Arms, Inc.; Colt’s Manufacturing Company, LLC; Glock, Inc.; Sturm, Ruger & Co., Inc.; and Witmer Public Safety Group, Inc. d/b/a Interstate Arms.”)

The lawsuit was filed in the United States District Court for Massachusetts (because venue shopping) and the decision was handed down by Chief Judge F. Dennis Saylor IV.

TLDR summary: Judge Saylor threw out the case.

A U.S. federal judge on Friday dismissed a lawsuit brought by the Mexican government against U.S. gun manufacturers arguing their commercial practices has led to bloodshed in Mexico.

Judge F. Dennis Saylor in Boston ruled Mexico’s claims did not overcome the broad protection provided to gun manufacturers by the Protection of Lawful Commerce in Arms Act passed in 2005.

The law shields gun manufacturers from damages “resulting from the criminal or unlawful misuse” of a firearm.

Quoting the text of the decision itself (which does not yet appear to be online anywhere):

Unfortunately for the government of Mexico, all of its claims are either barred by federal law or fail for other reasons. The PLCAA unequivocally bars lawsuits seeking to hold gun manufacturers responsible for the acts of individuals using guns for their intended purpose. And while the statute contains several narrow exceptions, none are applicable here.

This Court does not have the authority to ignore an act of Congress. Nor is its proper role to devise stratagems to avoid statutory commands, even where the allegations of the complaint may evoke a sympathetic response. And while the Court has considerable sympathy for the people of Mexico, and none whatsoever for those who traffic guns to Mexican criminal organizations, it is duty-bound to follow the law.

Accordingly, and for the reasons set forth below, the motions
to dismiss will be granted.

Not a picture of Judge Saylor.

This, of course, is the proper outcome. Lawful American gun manufacturers can’t be held accountable for the misuse of their products, nor should they be made scapegoats for Mexico’s inability to control their own criminal cartels.

(Title reference.)

Colt Files for Bankruptcy

Tuesday, June 16th, 2015

In a move that had been a long time coming, Colt Defense LLC filed for bankruptcy on Monday.

It takes an epic level of incompetence for a gun company to lose money in the era of Obama, but Colt was obviously up to the challenge.

Colt has struggled in recent years with supply-chain and working capital issues, a slowdown in rifle sales and its 2013 loss of a key contract to supply the U.S. Army with the M4. As a result of some of its operational issues, the company has had accounting problems that caused it to revise prior years’ reported financial results and miss a creditor’s initial filing deadline for an annual report, according to regulatory filings.

Ask gunnies what the problem with Colt is, and they’ll tell you a disinterest in the civilian market compared to pursuing government contracts, as well as a desire to charge premium prices for ordinary guns. That, plus the “felonious mismanagement” is what did them in.

A shame. With competent management, the makers of the AR-15 should have been making money hand over fist the last six years…

Clarification: Bold Ideas/Colt Competition Moving to Texas, Not Colt Firearms

Tuesday, April 9th, 2013

I have some clarification to yesterday’s extremely short blurb on Colt moving to Texas. The company doing the moving is Bold Ideas, which manufactures Colt Competition rifles, including two AR-15 pattern rifles. Bold Ideas is apparently a licensee of Colt (their logo appears on Colt Competition’s website), but not Colt itself. They’re moving to Breckenridge, Texas, which is around 100 miles west of Ft. Worth.

I’ve sent Bold Ideas/Colt Competition a request for additional information. I’ll let you know if I hear back.