Wed, Jun 21, 2017 - Page 10 News List

Takata bankruptcy means victims get less: experts

AP, DETROIT, Michigan

Law firms also are suing automakers, but some lawyers say it will be hard to get money there because Takata has admitted that it concealed the problem.

Dean says there is evidence that automakers knew Takata inflators were defective yet continued to use them, but automakers say they were deceived by Takata and should not be liable.

At the end of April, only 22 percent of the 69 million recalled inflators in the US had been replaced under the recalls, leaving almost 54 million on the roads, according to the National Highway Traffic Safety Administration Web site.

This means more inflators will likely explode and more people will be hurt in the future, Emison said.

Key could be liable for future claims, depending a lot on state laws that govern liability for successor companies, Baird said.

However, Dean said he thinks Key will structure the deal so it does not face any liability.

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