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Takata requests lawsuits are dropped

Posted on 08 August, 2017

Bankrupt air-bag provider, Takata has requested that all lawsuits against automakers be dropped by injured people. The company asked a federal judge to suspend the lawsuits saying that litigation would distract management from completing the sale of the company's operations. The company is attempting to sell its viable operations to Key Safety Systems for $1.6 billion. The request did not go down well with the lawyers representing the complainants, saying that it could delay lawsuits for six months or more. According to news site, Reuters, the official bankruptcy committee that represents injured drivers said in court papers the injunction would have "human consequences" and prevent people from pursuing compensation.