Bankrupt gunmaker Colt says settlement talks with the landlord of its Connecticut factory are being put at risk by its official committee of unsecured creditors, which wants to bring claims over the facility's lease, Reuters reported today. The committee last month filed a motion seeking an order that would give it standing to bring and settle claims related to Colt's soon-to-expire lease for its West Hartford, Conn., factory. The committee said that its concerns about the lease are rooted in ties between the facility's landlord and Sciens Capital Management, which owns about 87 percent of Colt. It said that the private equity firm is using the lease unfairly to increase its leverage in the case and to discourage possible bidders for Colt.
