"Casino has reached a major milestone in its financial restructuring process by obtaining the agreement of its main creditors on a financial restructuring plan," CEO and controlling shareholder Jean-Charles Naouri said in a statement. ARC has refused to issue a full-scale recall, setting the stage for the possible court fight. At least 25 million vehicles containing ARC-made air bags could be affected. WASHINGTON (AP) - The U.S.

The company maintains that no safety defect exists. The National Highway Traffic Safety Administration held a public hearing Thursday on air bags made by ARC Automotive of Tennessee. Thursday´s hearing was one of the final steps before the agency can issue a formal recall order and take the case to court for enforcement. government appears poised to order a recall of millions of air bag inflators due to a manufacturing flaw that could send metal shrapnel rocketing through a car interior.

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