SimonSays Posted April 25, 2019 Report Posted April 25, 2019 So, whats the back story on this. Sourced from Full30 https://us.videos.epicio.net/public/full30/videos/MDIwMjk0/transforms/854x480.mp4
SimonSays Posted April 25, 2019 Author Report Posted April 25, 2019 The link appears to be broken... lets try this: https://www.full30.com/watch/MDIwMjk0/prime-ammunition-speaks-out-officially
DNP Posted April 25, 2019 Report Posted April 25, 2019 Wow. Contracts are a nasty tool sometimes. I hope it all works out for them in the end.
98Z5V Posted April 26, 2019 Report Posted April 26, 2019 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...
bubbas4570 Posted April 26, 2019 Report Posted April 26, 2019 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.
SimonSays Posted April 26, 2019 Author Report Posted April 26, 2019 Some more info. The article gives RUAG's side and Prime's response/counter claim. https://www.recoilweb.com/in-depth-report-prime-ammunition-and-ruag-ammotec-take-it-to-court-149196.html
DNP Posted April 26, 2019 Report Posted April 26, 2019 (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 April 26, 2019 by DNP
Sisco Posted April 26, 2019 Report Posted April 26, 2019 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.
98Z5V Posted April 27, 2019 Report Posted April 27, 2019 12 hours ago, SimonSays said: Some more info. The article gives RUAG's side and Prime's response/counter claim. https://www.recoilweb.com/in-depth-report-prime-ammunition-and-ruag-ammotec-take-it-to-court-149196.html That's the nasty I was talking about. This is a bad scene...
sketch Posted April 27, 2019 Report Posted April 27, 2019 lawyers are the end of your hard earnd money...
DNP Posted April 27, 2019 Report Posted April 27, 2019 Or the beginning. Depends on how you use them.
sketch Posted April 27, 2019 Report Posted April 27, 2019 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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