Now, here is some bad news: Dakota Arms, which produces high-quality custom and semi-custom hunting rifles in Stugis, South Dakota, has filed for reorganization under Chapter 11 of the US Bankruptcy Code. The silver lining in this development is, Chapter 11 allows the company to continue in business while the bankruptcy court supervises a reorganization of the company's financial obligations. Indeed, in a news release, Dakota Arms officials said the company would continue to function as usual, taking and fulfilling all orders. A Chapter 7 bankruptcy filing, on the other hand, would have involved the company selling all of its assets to pay creditors and shutting its doors. In case you are wondering, the bankruptcy does not affect John Barth's Adventure Unlimited booking agency, which had entered into a joint venture with Dakota called Dakota's Adventure Unlimited about a year and a half ago. "Dakota Arms' filing does not affect Adventure Unlimited or our clients in any way," Barth told The Hunting Report. He went on to explain that the relationship with Dakota Arms was strictly one of joint marketing in which each company enjoyed the prestige or panache of being associated with the other and benefited from added exposure to targeted key markets. Barth says all hunting contracts and deposits with operators and clients have always gone to Adventure Unlimited, where they are immune to the effects of Dakota Arms' bankruptcy proceedings.