Reorganisation application rejected by Swedish court

If you haven’t heard already, our application for reorganisation has been denied by the district court in Vanersborg.

This has just happened, 20 minutes ago, so I can’t provide any reaction as yet, nor forecast any future happenings.

We’ll keep you posted.

Tags:
Category: News

21 Responses to Reorganisation application rejected by Swedish court

  1. SAABspot says:

    Hang in there friends

  2. Anonymous says:

    I’m sure you don’t give up. Good luck!

  3. Anonymous says:

    What a sad and horrible day…

  4. Anonymous says:

    Terrible. :-(

  5. Anonymous says:

    Looks pretty bad now. :( At least the papers got there wish thru. I wonder what company they will attack when SAAB is gone.

  6. Anonymous says:

    I´ll keep my fingers crossed and pray for SAAB.

  7. Regrettable.  But there is a Plan B for sure.

  8. Anonymous says:

    Ok, what is plan C. Appeal to higher court?

  9. None says:

    It’s so sad about the news.

  10. Anonymous says:

    Saab can appeal to the appeal’s court. But in the interim Saab would not have the bankruptcy protection reconstruction would have provided.

  11. Anonymous says:

    Hello!!

    what can we do now! we have to some district court that we can become a leader!
    Hope they have a good plan for it ….
    So that we can get production going and to build trust again!

    Bankruptcy is not an option

    Dear freend’s

    Rogge

  12. Johannes Stenling says:

    A terrible decision :( I feel sick to my stomach about all of this.. . . Please, can Saab make it out of this and finally become the profitable and succesfull company it can and should have been a long time ago !! The products are there, the great people who work at Saab are there, we the entutiasts are there, but somehow money is missing for the short term survival.

    If it would to fall aport now it would all just be such a waste. ..

  13. Eric Lindberg says:

    It´s extremly sad news. But I still belive in Saab.

  14. Anonymous says:

    Bugger!

  15. Anonymous says:

    I still believe in Saab!!

  16. Anonymous says:

    So sad! :-(       I really really hope there will be a solution for Saabs survival anyway. So many other car-makers are producing totally uninteresting, uninspired and ugly cars. The auto-industry, the auto-market and the roads will all be uglier and less pleasant places without Saab…
    Saab; keep on fighting !

  17. Paul Deutsch says:

    Hang in there.  Griffin Up!!

  18. Anonymous says:

    Steven,
    This is unfortunate, but not unexpected.The uncertainty of the Pangda/Youngman money is the biggest problem & I can understand this alone would make the Court’s decision a forgone conclusion.If Saab is to appeal, whilst still no certainty, it needs a ‘solid’ provision for finance & without this, unfortunately will fail also.Plan ..>>, Short of someone coming up with 300 million €, to now allow virtually full payment of ‘overdues’ + production start up cost, I sadly cannot see a way forward…

  19. Anonymous says:

    Really hope you guys can turn this around – am keeping everything crossed for you.