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Monthly Archives: September 2017

Honda Reaches $605 M Deal To Exit Takata Air Bag MDL

By Carolina Bolado
Law360, Miami (September 1, 2017, 1:29 PM EDT)– Honda Motor Co. Ltd. agreed to a $605 million settlement Friday to exit multidistrict litigation over defective Takata Corp. air

Honda Motor Co. Ltd., the biggest player left in the Takata air bag multidistrict litigation, weighed in Friday with a $605 million settlement offering compensation to 16.5 million current and former Honda and Acura owners and lessees of vehicles made