It’s better than nothing.
That’s how plaintiffs lawyers characterized a settlement reached this week in the Takata bankruptcy that could provide up to $130 million in compensation to victims of exploding air bags. Plaintiffs lawyers praised the deal as a means to pursue damages against Takata, whose insolvency has long raised doubts about the likelihood of compensation for those claiming injuries or deaths. And, in all cases except Honda, plaintiffs could still sue the automakers in court under the settlement.