News

Eric Goodman Lauds Agreements that Led to Sale of Airbag Manufacturer Takata

News / June 5, 2018

Partner Eric Goodman is quoted in an article published in the May 2018 issue of “Turnarounds & Workouts.” The article, “KSS/Takata—A Cross-Border Success,” reports on Key Safety Systems’ (KSS) $1.6 billion acquisition of Takata Corporation through a sale transaction that involved insolvency proceedings in the United States and Japan. The transaction required the agreement of the world’s largest automakers, the global Takata entities and KSS.

Goodman told the publication, “Substantial credit should be given to the automakers’ advisors, who worked tirelessly to complete a global integrated transaction.” Goodman represented AB Volvo and PSA, a French manufacturer of autos sold under the Peugeot and Citroën brands, among others.

Read the article (registration required).

Related Services