Judge to rule on Takata request to halt air bag lawsuits

(AP) — A Delaware bankruptcy judge is weighing a request by Japanese auto-parts supplier Takata for an injunction prohibiting the governments of Hawaii, New Mexico and the U.S. Virgin Islands from prosecuting lawsuits involving the company’s lethally defective air bag inflators.

After a hearing Wednesday, the judge said he will issue an oral ruling Aug. 16.

In addition to halting the state actions, Takata also wants the judge to put a hold on hundreds of individual lawsuits against automobile manufacturers who installed the faulty air bags.

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Takata says allowing the lawsuits to proceed would seriously jeopardize its restructuring efforts, including the planned sale of most of its assets to a Chinese-owned rival for $1.6 billion.

Takata was forced into bankruptcy amid lawsuits, multimillion-dollar fines and crushing recall costs involving the air bags.

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