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Takata's bankruptcy to pit automakers against air bag victims

The global recall of Takata Corp's defective air bags widened last week and the number of confirmed deaths rose, but legal experts said the bigger worry for car…
Japan Today Also reported by •Reuters IndiaReutersSify

Takata asks bankruptcy judge to halt air bag lawsuits

Japanese auto parts supplier Takata is asking a Delaware bankruptcy judge for an injunction prohibiting the governments of Hawaii, New Mexico and the U.S. Virgin Islands from prosecuting…
Japan Today

Videos for "Takata Bankruptcy"

News video: What Does Takata's Bankruptcy Mean for Car Owners?

What Does Takata's Bankruptcy Mean for Car Owners? 01:43

Japan's Takata has filed for bankruptcy after its explosive air bags triggered the recall of tens of millions of cars. If you own a car with a Takata air bag, what's the impact?
Source: WSJLive -

News video: JSC Automotives' Siebert Says Clear Winner is KSS

JSC Automotives' Siebert Says Clear Winner is KSS 03:49

Jun.26 -- Jochen Siebert, managing director at JSC Automotives, discusses Takata filing for bankruptcy protection, who will carry the costs of the recalls and the outlook for Takata bonds. He speaks on..
Source: Bloomberg Global Business -

News video: IHS' Chao Weighs in on Takata Bankruptcy

IHS' Chao Weighs in on Takata Bankruptcy 02:14

Jun.26 -- Carmakers may end up shouldering the bulk of the costs of replacing the estimated 100 million defective air bags made by Takata after the company filed for bankruptcy. IHS Automotive Asia..
Source: Bloomberg Global Business -

News video: Auto-parts maker Takata files for bankruptcy over airbag recall

Auto-parts maker Takata files for bankruptcy over airbag recall 02:17

The Japanese airbag maker Takata has filed for bankruptcy in Japan and the United States. The company is dealing with a fallout from the auto industry's biggest ever product recall. Its air bags have..
Source: Al Jazeera STUDIO -

News video: Japanese Airbag Maker Takata Files for Bankruptcy

Japanese Airbag Maker Takata Files for Bankruptcy 00:55

Takata is seeking bankruptcy protection in the U.S. and Japan and will sell most of its operations to Key Safety Systems.
Source: Newsy Studio -

 

United States: Takata Declares Bankruptcy: What Are The Key Next Steps For Suppliers? - Foley & Lardner

On June 25, 2017, Takata's US arm, TK Holdings Inc. and certain affiliates excluding certain foreign debtors such as Takata Corporation (Japan), filed chapter 11 cases seeking bankruptcy protection
Mondaq

Takata adds 2.7 million vehicles to air bag inflator recall

The inflators have caused the largest automotive recall in U.S. history with 42 million vehicles and up to 69 million inflators being called back for repairs. Previously the company believed that a..
SFGate

17th Death Tied To Ruptured Takata Airbag Inflator

17th death tied to ruptured takata airbag inflator
Although Takata has recently filed for bankruptcy, the ghosts of the past are still haunting the troubled Japanese corporation. One of those ghosts is an 81-year-old man of Hialeah, Florida, who lost..
autoevolution

Victims get role in Takata bankruptcy


SeekingAlpha

Takata Bankruptcy Doesn't End Auto Industry's Pain

One of the world’s largest air-bag makers, Takata Corp., has finally filed for bankruptcy after a drawn-out scandal involving faulty products that caused multiple deaths. The question now is how much..
Wall Street Journal

Takata bankruptcy a question mark for consumer lawsuits

The bankruptcy of Japanese auto parts giant Takata may frustrate the legal challenges by victims harmed by the company`s exploding airbags, which were part of the largest auto safety recall ever.
Zee News

Judge approves initial motions in Takata bankruptcy

*By The Canadian Press* DOVER, Del. — A Delaware bankruptcy judge on Tuesday granted several preliminary orders allowing Japanese auto parts supplier Takata to move forward with its reorganization..
CJME Also reported by •Seattle Times

U.S. plaintiffs' lawyers warn of automaker role in Takata bankruptcy

WILMINGTON, Del. (Reuters) - Lawyers for people injured by exploding Takata Corp air bags told a U.S. bankruptcy court judge on Tuesday that the company's restructuring plan is being skewed to benefit..
Reuters India Also reported by •ReutersSify

With 54 Million to Go, This Airbag Recall Is Never Going To End

Japan’s Takata has filed for bankruptcy protection and agreed to sell most of its business. But it could go on for years supplying parts for the tens of millions of its potentially deadly air bags..
Wall Street Journal

Servco says Takata bankruptcy won't affect its airbag service in Hawaii

Servco, Hawaii's largest Toyota dealer, said Monday that the bankruptcy filed by Takata Corp., the Japanese airbag manufacturer at the center of a massive recall, will have no effect on the company's..
bizjournals

Takata Files for Bankruptcy, Sells Business to Michigan Supplier

takata files for bankruptcy, sells business to michigan supplier
- Takata filed for bankruptcy Monday and will sell a majority of its business to Michigan-based Key Safety Systems for $1.6 billion, according to court filings and company statements. - As..
Car and Driver


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