Takata buys more time to clinch sale; trustee says breakup fee deal ...

11/21/17


Takata buys more time to clinch sale; trustee says breakup fee deal too sweet
Reuters
Airbag manufacturer Takata Corp's U.S. unit won a court order on Monday giving it more time to file a Chapter 11 plan but ran into an objection by the government's bankruptcy watchdog to a fees in its restructuring support agreement. Judge Brendan ...

[more]