After it went into production, BATF changed its mind. Dave Hardy has details and a link to a PDF of the court ruling.
Very sad that a federal agency can, at a whim, destroy a company simply by "changing its mind."
10 October 2008
Court Rules Against Akins Accelerator
Not unexpectedly, federal courts have sided with the U.S. BATFE in the Akins Accelerator case. Sadly, investors have lost a ton of money after relying on ATF's initial findings that the device violated no laws.
After it went into production, BATF changed its mind. Dave Hardy has details and a link to a PDF of the court ruling.
Very sad that a federal agency can, at a whim, destroy a company simply by "changing its mind."
After it went into production, BATF changed its mind. Dave Hardy has details and a link to a PDF of the court ruling.
Very sad that a federal agency can, at a whim, destroy a company simply by "changing its mind."
Sounds like the ruling is legally correct, though it is a shame if the company spent lots of $$$ in reliance on the initial agency ruling.
ReplyDeleteI concur regarding the ruling, in the most technical sense. But that a federal agency can just have that power on a whim still stinks. The investors specifically asked for a ruling. BATFE gave it. They didn't hurdle themselves pell-mell down the manufacturing path without doing their due-diligence.
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