mcb
Member
A friend sent me this, thought you guys would be amused...
https://cases.primeclerk.com/remingtonoutdoor/Home-DownloadPDF?id1=MjEwNzk1NA==&id2=-1
Apparently Ruger's lawyers bought two patents related to a rotary magazine similar to the 10/22 magazine (but with bolt hold open features) from the former Remington Outdoor Company estate during the bankruptcy auction, in addition to Marlin. The new magazine was going to be used in the replacement to the 597. Roundhill/RemArms apparently caught unaware during the auction wanted the right to use the IP with a free licence and had a supposed tentative deal, they thought. Now Ruger is not following through and Roundhill is sueing. Since the patents are legally now owned by Ruger I don't think Roundhill is in a very good position. (in Ruger's best Vader voice): I am altering the deal. Pray I don't alter it any further.
Now that Ruger legally owns this IP that would help produce a rifle that would be a direct competitor to the 10/22 why does RemArms think they would/should allow a licence let alone a free license is beyond me.
Rem Arms LLC run by a fudd, a fudd with little business sense and less engineering sense.
Patents in question:
https://patents.google.com/patent/US10254063B2/en?oq=10,254,063
https://patents.google.com/patent/US10718584B2/en?oq=10,718,584
Notice the are currently assigned to a Ruger, though it was designed by Remington here in Huntsville.
https://cases.primeclerk.com/remingtonoutdoor/Home-DownloadPDF?id1=MjEwNzk1NA==&id2=-1
Apparently Ruger's lawyers bought two patents related to a rotary magazine similar to the 10/22 magazine (but with bolt hold open features) from the former Remington Outdoor Company estate during the bankruptcy auction, in addition to Marlin. The new magazine was going to be used in the replacement to the 597. Roundhill/RemArms apparently caught unaware during the auction wanted the right to use the IP with a free licence and had a supposed tentative deal, they thought. Now Ruger is not following through and Roundhill is sueing. Since the patents are legally now owned by Ruger I don't think Roundhill is in a very good position. (in Ruger's best Vader voice): I am altering the deal. Pray I don't alter it any further.
Now that Ruger legally owns this IP that would help produce a rifle that would be a direct competitor to the 10/22 why does RemArms think they would/should allow a licence let alone a free license is beyond me.
Rem Arms LLC run by a fudd, a fudd with little business sense and less engineering sense.
Patents in question:
https://patents.google.com/patent/US10254063B2/en?oq=10,254,063
https://patents.google.com/patent/US10718584B2/en?oq=10,718,584
Notice the are currently assigned to a Ruger, though it was designed by Remington here in Huntsville.
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