In re Takata Corporation, et al.
Young Conaway is co-counsel, with Baker & McKenzie LLP and Nagashima Ohno & Tsunematsu, to the foreign representative of Takata Corporation and its affiliates, as debtors under the Civil Rehabilitation Act of Japan, in chapter 15 proceedings in the United States Bankruptcy Court for the District of Delaware. The Takata entities are one of the world’s leading automotive safety systems companies, supplying nearly all of the world’s major automotive manufacturers with a product range that includes seat belts and airbag systems, as well as steering wheels, child restraint systems, and electronic devices such as satellite sensors and electronic control units. The chapter 15 proceedings are part of a global restructuring of the Takata entities’ businesses.