The global effects of a major product recall and the subsequent innovative application of the Section 363 auction.
Takata: The Unfortunate Recall” featured in the ACC Charlotte Chapter’s December Newsletter David Conaway’s article, “Takata: The Unfortunate Recall”, was featured in the Association of Corporate Counsel Charlotte Chapter’s December 7, 2017 Newsletter. In the article, David discusses Takata’s airbag recall and the economic ramifications for its stakeholders, in connection with Takata’s Chapter 11 filing cross-border insolvency proceedings.
David Conaway is the Chair of Shumaker’s Bankruptcy, Insolvency and Creditors’ Rights Practice and Co-Chair of Shumaker Global and Shumaker Manufacturing. His focus is representing manufacturing companies regarding a variety of issues involving customers and the supply chain, including commercial and financial contracts, disputes, insolvency; and crossborder transactions, litigation and insolvency. David advises clients and handles matters throughout the U.S. and represents numerous foreign-based clients regarding U.S. issues, and U.S. companies doing business globally.