Takata Says No to Crash Victims Compensation Fund

Takata Says No to Crash Victims Compensation Fund

July, 2015

Dear Care for Crash Victims Community Members:
The NY Times reports:

“Still, Rich Newsome, who represents eight people who claim to have been injured by faulty Takata airbags, said he would prefer to work outside any compensation fund, because such funds can result in less-than-transparent allocation of damages to victims.

He also said that legal action against Takata was necessary to force the supplier to disclose more details on its handling of the defect.

“If you have a compensation fund, it’s not going to give you that opportunity to really understand what happened, and to really understand the scope of potential safety problems for the public,” Mr. Newsome said. “You need litigation for that. You need to be able to put people under oath.”

See http://www.nytimes.com/2015/07/10/business/takata-says-no-to-fund-for-victims.html?hpw&rref=automobiles&action=click&pgtype=Homepage&module=well-region&region=bottom-well&WT.nav=bottom-well&_r=0


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