Court of Appeal Grants Right To Appeal To Saab Automobile In Voluntary Reorganization Case

Trollhättan, Sweden: Swedish Automobile N.V. (Swan) announces that Saab Automobile AB and its subsidiaries Saab Automobile Powertrain AB and Saab Automobile Tools AB (collectively Saab Automobile) received a right to appeal from the Court of Appeal in Gothenburg, Sweden today in their efforts to obtain approval for its proposal for voluntary reorganization.

Saab Automobile is pleased with the Court´s decision and will now await further developments. The Court of Appeal is expected to rule shortly on Saab Automobile´s appeal against the decision by the District Court in Vänersborg to reject Saab Automobile´s proposal for voluntary reorganization.

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Comments (4) TAGS Trollhättan / Reorganization

Comments

Maja Simic

wish you all the best...the safest car ever!!!i hope those chinese will invest and dont forget..thou who wish to succeed expand to emerging markets!xD

# 1

September 19, 2011
Egor

Я буду молить за Ваше выживание!

# 2

September 19, 2011
Rudolf Weidmann

At least it seems that we can see the end of the tunnel:-) I am still keeping my fingers crossed for all of you in Trollhättan !

# 3

September 19, 2011
carl boesen

...I want the best for saab...you show the road...you are the best carmaker...and the most beatyfull car..god help you...

# 4

October 5, 2011