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Sonny
2 Comments
Brunswick Corporation: More Downside Ahead
This quote comes from the BC press release announcing the filing of the Volvo suit (the one they just lost), "Brunswick said the suit is without merit, but noted that it includes essentially the same charges as a suit the company lost last year in federal court in Little Rock, Ark." hmmm????
Brunswick Corporation: More Downside Ahead
This makes BC about 0 and 20 on business suits. We see they hired a new hit man at BC (legal counselor) recently. Maybe they finally noticed that too. The new hired gun is from the soap industry (that opens up some joke possibilities, but I will pass on them here.)
This quote comes from the BC press release announcing the filing of the Volvo suit (the one they just lost), "Brunswick said the suit is without merit, but noted that it includes essentially the same charges as a suit the company lost last year in federal court in Little Rock, Ark." hmmm????
Note the language in the current press release referring to the Little Rock appeal, "the company believes it is likely to prevail on appeal and obtain either a new trial or judgment in its favor. "
Their releases and annual reports always sound like they are going to win and they always loose. Seems like the new guy at least re-invented the concept of settling. BC is a great company, but we suggest you don't bet on their lawyers. Maybe things will change now.