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Takata Asks Bankruptcy Court To Halt Loads Of Air Bag Suits

Law360, Wilmington (July 14, 2017, 2:17 PM EDT) -- Takata asked the Delaware bankruptcy court late Thursday to halt hundreds of lawsuits connected to its defective air bag inflators, including ones brought by government agencies in Hawaii, New Mexico and the U.S. Virgin Islands, arguing that normal bankruptcy protections may not be enough for a Chapter 11 pause.

The auto safety company, reeling from liabilities related to the air bags that have been linked to at least 11 deaths and triggered the largest auto recall in U.S. history, argues that there are “gaps” in protections...
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