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Posted

That's gonna get really nasty.  There's no way RUAG can come up with a legal defense of what they've done with this...

Posted

The way it sounds, I hope Prime ends up owning most of RUAG. And if they have good lawyers, they should stand a good chance of at least breaking them a fair bit.

Posted (edited)

Yep. Contracts are nasty. I believe RUAG will prevail in this case strictly on contract language. It's difficult to know all with just what has been provided, but if they did not have the contracts worked out it would be easy for RUAG to take any money paid and apply it to the defaulted ammount. I hope they can get things worked out for themselves at PRIME and I hope the claim that RUAG is intentionally trying to destroy them is false. Business decisions are being made by both parties and hand shake deals are a dangerous way to operate when working with borrowed funds. Pay attention to your contracts, and have a good attorney on your side reviewing everything before you move. You'll spend way more trying to fix it after if you don't have a good plan in place up front. 

Edited by DNP
Posted
4 hours ago, DNP said:

Yep. Contracts are nasty. I believe RUAG will prevail in this case strictly on contract language. It's difficult to know all with just what has been provided, but if they did not have the contracts worked out it would be easy for RUAG to take any money paid and apply it to the defaulted ammount. I hope they can get things worked out for themselves at PRIME and I hope the claim that RUAG is intentionally trying to destroy them is false. Business decisions are being made by both parties and hand shake deals are a dangerous way to operate when working with borrowed funds. Pay attention to your contracts, and have a good attorney on your side reviewing everything before you move. You'll spend way more trying to fix it after if you don't have a good plan in place up front. 

Wisdom good advice for all.

Posted

yes! 

31 minutes ago, DNP said:

Or the beginning. Depends on how you use them. 

I have to ship my ammo to them.. and my gf gets the looks. until i show up all dirty , picking up 52# of ammo . then i get the looks.. 😎

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