#BankruptcyProtection

Saab Granted Court Protection From Creditors

The Saab soap-opera continues, but this week the news is good. Saab just won a court appeal to protect it from creditors while it awaits funding from its Chinese investors.

Nauman Farooq Sep 21, 2011

Swedish Government Rejects Saab's Request For Bankruptcy Protection

A Swedish court has rejected a protection and voluntary reorganization plan, citing that it does not believe any steps the automaker makes will help it to recover.

Nauman Farooq Sep 09, 2011

Saab Files for Bankruptcy Protection

Another week and another sob story regarding Saab. The troubled automaker has just applied for protection from creditors, and is trying to avoid the bankruptcy petition made by the unions.

Nauman Farooq Sep 07, 2011