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Japan's Takata files another attempt to stay U.S. air bag lawsuits

Reuters  |  WASHINGTON 

By David ShepardsonWASHINGTON (Reuters) - Japanese auto supplier Takata Corp filed for U.S. bankruptcy protection on Wednesday in an effort to pause lawsuits against the company over faulty air bag inflators - more than a month after its U.S. unit filed for bankruptcy in the same court.In its filing with the U.S. Bankruptcy Court in Delaware, Takata said the Chapter 15 petition was critical to ensure the "continuation of Takata's business, preserving tens of thousands of jobs and ensuring that Takata's business partners continue to have access to critical components that ensure the safety of ...

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First Published: Thu, August 10 2017. 02:20 IST
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