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Sweden: Saab denied protection from creditors

A district court in Vänersborg, Sweden has refused to grant Saab Automobile protection from creditors, a move that could pave the way for the IF Metall union to attempt to get the company declared bankrupt. The court is reported to have said it was unclear how the company intended to secure It’s time to log … Continued

A district court in Vänersborg, Sweden has refused to grant Saab Automobile protection from creditors, a move that could pave the way for the IF Metall union to attempt to get the company declared bankrupt.

The court is reported to have said it was unclear how the company intended to secure

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