May 29, 2018
With the support of its trade creditors and landlords, plus an injection of $5 million secured by family-owned personal real estate and another $11 million from a bank but backed by family-owned real estate, the Southern CA-based retailer is asking the court to confirm an exit from bankruptcy that proposes to pay unsecured creditors 5.3 cents on the dollar for their unsecured claims, a total of $1.2 million that would be payable on a pro rata basis from $100,000 quarterly payments.
The rule change, which will be published in the Federal Register this week, would transfer responsibility for regulating gun exports from the State Department to the Commerce Department, which has a simpler and less expensive process for licensing.
Interior Secretary Ryan Zinke appointed 18 new members to the Hunting and Shooting Sports Conservation Council that he created earlier this year.
In its largest cybersquatting assault yet, the Big a sued 231 entities operating a cumulative 290 domain names hawking fake Adidas and Reebok merchandise in multiple countries.