Takata settles with injured drivers to exit bankruptcy
NEW YORK (AP) " Takata Corp's U.S. unit has reached a settlement with representatives of those injured by lethally defective air bags, paving the way for the company to exit Chapter 11 bankruptcy and move forward with a reorganization plan, according to court documents.The agreement between the Japanese auto parts suppliers, injured drivers and creditors, was outlined in documents filed in a Delaware bankruptcy court. Two groups representing people suing over the air bags have dropped [...]
EmoticonEmoticon