Celia Ampel, Daily Business Review March 1, 2017UMV:55,088Miami Judge Aims to Advance Air Bag Litigation in Wake of Takata’s Guilty Plea Celia Ampel, Daily Business ReviewNow that Takata Corp. has pleaded guilty to fraudand agreed to pay $1 billion for concealing a defect in millions of air bags, a Miami federal judge wants to get […]
BY STEVE ROTHAUS Arlene Goldberg, the Fort Myers widow denied her late wife’s Social Security when Florida refused to recognize their New York marriage, will now receive the additional survivor’s benefit, the ACLU of Florida announced Tuesday. “I’m very happy. I feel like I’m fulfilled, thanks to the ACLU, of course —their hard work and […]
By Bart Jansen, USA TODAY WASHINGTON –The Federal Aviation Administration approved Boeing’s certification plan for the 787 Dreamliner’s lithium-ion battery system Tuesday and gave the company the go-ahead to test it in the air. Boeing’s plans call for redesigning the eight-cell batteries to minimize the risk of a short-circuit, which caused a fire in a […]
By Alison Frankel Late this afternoon, the automakers Honda, Ford, Toyota, Nissan, Mazda and BMW will head to federal court in Miami to argue that a $1 billion plea agreement between the U.S. Justice Department and the airbag maker Takata Corporation should absolve them from liability for installing dangerous Takata airbags in tens of millions […]
By Carolina Bolado Law360, Miami (February 28, 2017, 9:41 PM EST) –Automakers embroiled in multidistrict litigation over Takata Corp.’s faulty air bags told a Florida federal court Tuesday that Takata’s guilty plea and $1 billion settlement are a “game changer” that absolves the automakers of most of their liability in the case. In a hearing […]
(DETROIT) —Japanese auto parts maker Takata pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing an air bag defect blamed for at least 16 deaths, most of them in the U.S. The scandal, meanwhile, seemed to grow wider when plaintiffs’ attorneys charged that five major automakers knew the devices […]
Jennifer Chambers , The Detroit News The Takata Corp. pleaded guilty Monday in federal court to wire fraud and agreed to pay $1 billion in criminal penalties stemming from the company’s fraudulent conduct related to sales of defective air bag inflators. U.S. District Court Judge George Caram Steeh said he approved a $25 million fine […]
By Emily Field Law360, New York (February 27, 2017, 6:49 PM EST) –Takata Corp. pled guilty to wire fraud in Michigan federal court on Monday and agreed to pay $1 billion over its potentially fatal air bag inflators, despite objections from drivers suing Takata and automakers who say that the car makers had also long […]
Amanda Bronstad, The National Law Journal Updated 2/27/17, 7:15 p.m. After this story published, U.S. District Judge George Caram Steeh accepted Takata’s plea deal. Lawyers with pending civil suits related to faulty Takata airbags are trying to put the brakes onthe manufacturer’s $1 billion criminal plea deal, claiming it will end up being used as […]
DETROIT -Japanese auto parts maker Takata pleaded guilty on Monday to a criminal charge and agreed to pay $1 billion for a scheme to conceal a deadly defect in millions of its air bag inflators. In addition, plaintiffs in dozens of lawsuits against the air bag maker and five automakers allege the car companies knew […]
