The DE bankruptcy court approved the debt for equity swap in the pre-packaged bankruptcy of the gun maker but first sustained the objections of the U.S. trustee and the SEC to releasing Remington employees, including those of former owner Cerberus, from liability. The government agencies said these releases were involuntarily granted by the creditors of the former company and didn’t provide compensation for the release. In addition to possible claims that ... Log in to view full article.