Takata Airbag Settlement: A Comprehensive Guide to Resolving the Airbag Crisis

Introduction to the Takata Airbag Settlement

If you were injured by a defective Takata airbag, give Timothy L. Miles a call now for a free case evaluation

The Takata airbag crisis has been a significant safety concern for millions of vehicle owners worldwide. In response to this issue, a comprehensive settlement agreement has been reached, offering a path to resolution for those affected by the defective airbags. This article provides a detailed overview of the Takata Airbag Settlement, addressing the critical aspects you need to understand to navigate this complex situation effectively.​

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Understanding the Takata Airbag Crisis

Before addressing the settlement details, it is essential to grasp the gravity of the Takata airbag crisis and its far-reaching impact.

The dangers of defective Takata airbags

Takata Corporation, a Japanese automotive parts supplier, manufactured defective airbags that could rupture upon deployment, propelling metal shrapnel into the vehicle's cabin. This posed a severe risk of injury or even death to drivers and passengers. The defect was attributed to the use of an unstable ammonium nitrate-based propellant, which could degrade over time, especially in areas with high heat and humidity.

Takata Airbag Recall: A brief history

In 2008, the first recall related to Takata airbags was issued, but it wasn't until 2014 that the scope of the problem became apparent. Over the following years, the recall expanded to encompass millions of vehicles from various manufacturers, making it one of the largest and most complex automotive recalls in history.

How to check if your vehicle is affected by the Takata airbag recall

If you own a vehicle manufactured between 2002 and 2015, it is crucial to determine if it is affected by the Takata airbag recall. You can check your vehicle's status by visiting the National Highway Traffic Safety Administration's (NHTSA) website or contacting your vehicle's manufacturer directly. Provide your Vehicle Identification Number (VIN) for an accurate assessment.

Steps to take if you have a defective Takata airbag

If your vehicle is included in the recall, it is essential to take immediate action to ensure your safety and that of your passengers.

1. Contact your dealership: Schedule an appointment with your local authorized dealership to have the Takata defective airbag replaced free of charge.
2. Follow safety precautions: Until the replacement is completed, avoid placing rear-facing child seats in the front passenger seat and ensure all occupants are properly restrained.
3. Stay informed: Monitor updates from your vehicle's manufacturer and the NHTSA regarding the recall progress and any additional steps you may need to take.

Overview of the Takata Airbag Settlement

The Takata Airbag Settlement is a comprehensive agreement reached between various stakeholders, including Takata Corporation, automakers, and government agencies, to address the widespread impact of the Takata defective airbags.

Key components of the settlement

• Compensation fund: A multi-billion-dollar compensation fund has been established to provide financial relief to individuals who suffered injuries or lost loved ones due to the defective airbags.
• Recall completion: The settlement outlines a timeline and process for automakers to complete the recall and replace all defective airbags.
• Monitoring and oversight: Independent monitors have been appointed to oversee the recall process and ensure compliance with the settlement terms.

Hiring a Takata Airbag Lawyer: What you need to know

If you were injured by a defective Takata airbag, call us today for a free case evaluation

If you or a loved one has been affected by the defective Takata airbags, you may be entitled to compensation through the settlement. Hiring a knowledgeable Takata airbag lawyer can help you navigate the legal process and ensure your rights are protected.

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Benefits of working with a Takata airbag lawyer

• Expertise in product liability cases: Experienced lawyers have a deep understanding of the legal intricacies surrounding defective product cases and can provide valuable guidance.
• Maximizing compensation: A skilled Takata airbag lawyer can help you pursue the maximum compensation you deserve, considering factors such as medical expenses, lost wages, and pain and suffering.
• Navigating the claims process: The claims process can be complex, and a Takata airbag lawyer can ensure all necessary documentation and deadlines are met.

Choosing the right Takata airbag lawyer

When selecting a Takata airbag lawyer, consider their experience in handling similar cases, their track record of success, and their commitment to providing personalized attention to your case.

Resolving the Takata Airbag Crisis: Compensation and legal options

The Takata Airbag Settlement provides various avenues for individuals affected by the defective airbags to seek compensation and legal recourse.​

Compensation through the settlement fund

The settlement fund is designed to compensate individuals who suffered injuries or lost loved ones due to the defective airbags. Eligible claimants can file a claim and receive compensation based on the severity of their injuries and other factors.

Filing a personal injury lawsuit

In some cases, individuals may choose to pursue a personal injury lawsuit against Takata Corporation, automakers, or other responsible parties. This option may be appropriate if the settlement fund compensation is deemed inadequate or if the individual's circumstances warrant additional legal action.​

Seeking legal advice

Navigating the legal options available can be complex, and it's advisable to seek the guidance of an experienced Takata airbag lawyer. They can assess your specific situation and provide tailored advice on the best course of action.

call a Takata airbag lawyer today about the Takata Airbag Settlement if you were injured by a defective Takata airbag

​​​If you or a loved one were injured by a defective Takata airbag, contact Takata airbag lawyer Timothy L. Miles today for a free case evaluation and see if you are eligible for compensation from the Takata Airbag Settlement.  Call a Timothy L. Miles today you could be entitled to substantial compensation. 
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Remember, the call is free and so is the fee unless we win or settle your case, so give Timothy L. Miles a call today. 855/846-6529 or [email protected].

The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
​300 Centerview Dr., #247
Brentwood, TN 37027
Phone: (855) 846–6529
​​Email: [email protected]

Takata airbag lawyer Timothy L. Miles ​

Timothy L. Miles is a top-rated and AV preeminent lawyer in Nashville, Tennessee and a nationally known class action and products liability lawyer who has been leading the fight to protect consumer rights for over 22 years. Mr. Miles received a Bachelor of Science in Psychology from Belmont University in Nashville, Tennessee in 1995 and his J.D. from the Nashville School of Law in May 2001, graduating third in his class, and was made a member of the Honorable Society of Cooper’s Inn which is reserved for students graduating in the top ten percent of their class.

He is admitted to practice before the Tennessee Supreme Court; the United States District Court for the Western, Middle and Eastern Districts of Tennessee and the District of Colorado; and the Sixth Circuit Court of Appeals.  He is a member of the Nashville Bar Association; National Trial Lawyers Association; and Harry Phillips American Inns of Court (Student Member 2000). Mr. Miles has dedicated his career to representing consumers and shareholders in complex class-action litigation, products liability and mass torts.

Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover millions of dollars for aggrieved consumers, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards.
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For example, Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, which is by invitation only and is “extended to those attorneys who exemplify superior qualifications, trial results, and leadership in their respective state based upon objective and uniformly applied criteria.” The National Trial Lawyers Association explained the significance of this honor: “With the selection of Timothy L. Miles by The National Trial Lawyers: Top 100, [Mr.] Miles has shown that he exemplifies superior qualifications, leadership skills, and trial results as a trial lawyer. The selection process for this elite honor is based on a multi-phase process which includes peer nominations combined with third party research.” Further, “[m]embership is extended only to the select few of the most qualified attorneys from each state or region who demonstrate superior qualifications of leadership, reputation, influence, stature and public profile measured by objective and uniformly applied standards in compliance with state bar and national Rule 4-7.”
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Additionally, Mr. Miles has maintained an AV Preeminent Rating in securities law with Martindale-Hubble since 2014, their highest award given. The coveted AV Preeminent rating is reserved for “[a]n elite group of approximately 10 percent of all attorneys.”  Additionally, while Martindale’s peer review ratings have been trusted for decades because they are based on the opinions and feedback of fellow legal practitioners, the organization’s special judicial edition rating, which Mr. Miles received this year for the sixth year in a row, is an even higher honor. As Martindale notes, the prestigious judicial rating is its highest possible distinction, and is representative of the opinions of both a lawyer’s peers and members of the judiciary.

CONTACT                                                      
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
​300 Centerview Dr., #247
Brentwood, TN 37027
​​Phone:(855) 846-6529
​Email: [email protected]
​Websites:
www.classactionlawyertn.com