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Massive Bankruptcy Follows Massive Suits In Re Takata

Suffer an airbag burn? Injured in a vehicle crash in SD?
The San Diego Injuries at lawyers at Ehline law firm help victims of negligence in Poway, Ocean Beach, Pacific Beach and all San Diego cities.

The Japanese airbag company Takata rose and fell rapidly. The company’s stunning destruction was of its own doing. Its faulty airbags installed in a number of vehicles caused both injuries and deaths. The billions of dollars of issues surrounding the faulty products ultimately pushed the company into bankruptcy.

Now that the company is behind Japan’s equivalent of Chapter 11, what does that mean for Americans hurt by its defective products? Lawsuits and pending litigation still stands against the corporation.

Bloomberg reported on some of the impacts.

Takata promised replacements for tens of millions of faulty airbags, which now seems unlikely. The announcement will place the company in stasis. This follows a $1.62 billion takeover bid by another company, Key Safety Systems. Key hasn’t stated whether it will replace the faulty parts. While Takata’s assets will be auctioned off, it appears its recall obligations will not follow suit.

At least some of the impact of the recall should be offset by the auction. Up to $2 billion in assets go to the block. Takata is on the hook for about the same in costs. However, the 19 car manufacturers hurt by the airbag giant is still on the hook for about $3 billion in additional costs.

What Happens to Consumers?

Consumers still on the hook for injuries or replacements from Takata still have a chance. However, the window is closing. Bankruptcy laws may lock in existing suits and prevent future ones from having an effect. Even if the cases are allowed to proceed, the diminishing assets may make recovery very difficult.

If you believe your family may be entitled to compensation, contact a skilled attorney today. The Ehline Law Firm Personal Injury Attorneys, APLC’s experience is key. We handled Takata and airbag cases before. Simply put: in California, we’re the best. Our team is second to none. We will assess your family’s legal options and guide you fairly. Call or email us for a free, no-pressure consultation.

Cancer Causing Chemicals in Colgate?

Canada has banned Triclosan
Triclosan in toothpaste

Questionable Product Use

We use products for years to find out it is dangerous. The list of evil substances is long. And many people used them for years. Examples of other bad substances are mercury in dental fillers or fluoride in toothpaste that cause harm. In contrast, it continues with dangerous gasses in coolants. The gas is used in making air conditioners and refrigerators. It happens all too frequent to affect health or damage the environment.

What are the Results of the Research Study?

A study done on Colgate in recent weeks makes it a product to question its safe to use. The study showed things you might want to avoid in the results. The study found the toothpaste guilty of containing Triclosan. This can cause many diseases in the human body from use. But the most dangerous disease is cancer. Though, the substance is nothing new to the makers of cleaning products.

 Triclosan Makes Soap and is also Toxic?

Furthermore, the chemical gets used in the making of other products. These are the same chemicals used to make laundry detergents, deodorants, etc. However, none of these products go inside our mouth like our toothpaste. The chemical in our toothpaste has to be something to pay attention.

The Chemical Research In Toxicology is a magazine that publishes such studies. They ran the new survey that involves the toothpaste with their latest research. The chemical that we know as Triclosan is an ingredient in Colgate. It’s found that it may cause a high risk of cancer. It puts the people who use this product on a regular basis in jeopardy.

We must note this substance can cause cancer if used it in significant amounts. People who use Colgate on a daily basis for years need to make a choice. They are the ones who need to think as to their future toothpaste.

What are Some of the Chemical’s Side Effects?

As mentioned earlier we know the side effects from substances. They exist in products we use on a regular basis. They’re products used for years by people. The news becomes public and the government does its job to ban the product. Asbestos is an excellent example of such an event. In addition, Canada is the one country that took any steps. So at least they wanted to protect people against the chemical in toothpaste.

Another key point, the country has put a ban on the chemical. We’ll see how other countries react to this new study. Also they may look at Canada’s decision on this substance. If using a product that contains the chemical it can pass through your skin .

You could let large amounts of it to absorb in the body. Since the chemicals pass through your skin it becomes part of your bloodstream. Hormone imbalance is a reaction from the entry of Triclosan in your blood. Also, it can cause other damage and make you prone to cancer.

Despite these study results, Colgate continues to stand with its claim. In addition, the company claims it causes no harm to humans. Whether it causes cancer or if it doesn’t, further studies will decide. You have to make the decision on your own which side would you like to be on.

More Reading:

https://www.elfpi.com/defective-products/dangerous-chemicals/https://www.elfpi.com/defective-products/dangerous-chemicals/   Dangerous chemical attorney

http://articles.mercola.com/sites/articles/archive/2015/09/09/toxic-toothpaste-ingredients.aspx

Toxic toothpaste ingredients

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Ehline Law Firm
Personal Injury Attorneys, APLC

633 W 5th St #2890
Los Angeles, CA 90071

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