Judge orders auction of gun company
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Deepa Bharath
A Florida judge on Thursday ordered an open auction of a local gun
company, which declared bankruptcy in May 2003.
On July 9, attorneys for 17-year-old Brandon Maxfield who was
rendered quadriplegic in an accidental shooting 10 years ago,
submitted a $175,000 bid on behalf of the teenager in an attempt to
buy out the manufacturer of the handgun that disabled him.
Richard Ruggieri, Brandon’s San Rafael-based attorney, said the
judge’s decision was one he had anticipated and hoped for all along.
“I’m very pleased, as is Brandon,” he said.
Ned Nashban, a Florida-based attorney representing Bryco Arms,
could not be reached for comment on Thursday.
The court order scheduling the auction of Bryco Arms’ assets on
Aug. 12 will open up the field to all interested parties, Ruggieri
said. The bidding will start at $175,000, which Brandon has already
accumulated through donations from supporters, he said. The winning
bidder will then get a week to pay the additional money, Ruggieri
said.
The money came through Brandon’s Arms, a website set up by the
teenager seeking support to buy out Bryco Arms, he said.
“We are going to need a healthy flow of contributions at this
point to bid successfully,” Ruggieri said.
Bryco Arms filed for bankruptcy less than a month after an Oakland
jury held the company liable for Maxfield’s shooting. The boy was
paralyzed in 1994 after a family friend accidentally shot him while
trying to unload a .38-caliber Bryco handgun.
The same jury also concluded that Bryco Arms manufactured a
defective weapon. Attorneys convinced jurors that Bryco’s guns have
an inherent flaw: to unload it, a user must first unlock the trigger
lock. On May 7, 2003, a jury awarded the teenager $50.9 million in
compensatory damages. Bryco has appealed that decision.
Brandon is passionate about buying out Bryco Arms because the gun
manufacturer still has more than 75,000 unassembled guns sitting in
its Costa Mesa plant, Ruggieri said.
Bryco Arms laid off its employees and stopped manufacturing in
January.
“But they could resume production any time,” Ruggieri said. “All
they need is labor. And these guns are waiting to be distributed in
the streets of Orange County. In Brandon’s mind, stopping those
75,000 guns from being assembled means 75,000 lives saved.”
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