r/canadaguns Jun 21 '26

Misc Potential for collective action regarding ATRS?

Those of us who paid ATRS in full for a product, yet never received any material goods or were issued a refund, would anyone be interested in a potential collective legal action?

It sucks they've shut their doors, but not refunding us is shady af and I will be discussing our options with a lawyer come Monday.

21 Upvotes

14 comments sorted by

34

u/_Connor Jun 21 '26 edited Jun 21 '26

If the company is defunct I’m not sure who’d you collect against even if you got a judgment. You can sue them over $2,000 or whatever but it's going to be like trying to get blood from a stone. Won't be worth the legal fees even if you could recover.

11

u/VoilaVoilaWashington Jun 21 '26

A lawyer once told me "people who sue are either very rich or very poor." A decent lawyer costs $2000 before the claim is even filed.

All against a defunct company that will lose anything they have left in legal fees?

54

u/SpectreBallistics Spectre Ballistics International (Verified) Jun 21 '26

This is why you don't pre-order stuff. This is not just for gun stuff.

3

u/Flafson Jun 22 '26

Probably a bad idea to pre-order and pay all the money upfront you mean. Don't think it's an issue if you put a small deposit, suppose to protect both sides.

19

u/Status_Ticket5044 Jun 21 '26 edited Jun 21 '26

https://albertatacticalrifle.com/cakes-tarts/

"So long and thanks for all the fish." Lol. It's funny but in this context, not so funny if you're one of the fish.

A kick in the nads if they owed you a rifle or a refund.

21

u/AdeptArt Jun 21 '26

Def a kick but OP is wrong in that this is shady. It sucks but it’s how bankruptcies work. OP is now a creditor with a claim on what’s left of ATRS.

9

u/Mysterious_Sleep7443 Jun 21 '26

They posted that the day before the official notice of bankruptcy was made public

https://mnpdebt.ca/en/corporate/corporate-engagements/magnum-machine-ltd

Here is all their equipment for sale in the bankruptcy auction

https://www.globalauctionguide.com/alberta-auctions/unreserved-magnum-machine-ltd-complete-dispersal-sale.html

14

u/AdeptArt Jun 21 '26

IANAL but there’s something called judgement proof. They don’t have any assets at this point for you to collect from.

Can you do a CC chargeback?

2

u/Flafson Jun 22 '26

That's probably the best option when something like that happens, let the CC handle it, that's why they charge commission.

6

u/KorporalKarnage Jun 21 '26

You would be at the end of a long list of creditors. After legal fees you would end up with less than nothing this late in the game.

2

u/Mysterious_Sleep7443 Jun 21 '26 edited Jun 21 '26

This happened years ago

Why are you asking now ?

We're you still hoping to get your receiver set ?

You would have to take Richard Timmins to small claims court

1

u/AdeptArt Jun 22 '26

OP didn't say he pre-ordered an ATRS MS receiver. ATRS only went bankrupt like 2 months ago. OP could've paid for some bolt action rifle this year and gotten screwed.