TonymacUK
Member
4 years 11 months ago

Looks like the Chinese may end up owning SAAB for a next to nothing payment.

Nissi
Member
4 years 11 months ago
Khrisdk
Member
4 years 11 months ago

Did you read the former post on this site?

Nissi
Member
4 years 11 months ago

I´ve never seen Lofalk´s detailed letter (in Swedish) to the court (the letter is now clickable at the end of the SAAB-story in DI).

This letter is of course one of the key facts in the case the court will decide on (until what is said in it is proven wrong by other parties)

ANA
Member
4 years 11 months ago

It would be good to see a translation of the letter to see whether it has any merit and if it could be overturned.

Tripod
Member
4 years 11 months ago
I have read it; it’s at the district court, but I don’t have time now to translate it. But it boils down to that there isn’t enough “working capital” during the reconstruction, capital that should have come via the bridge loan, caused by different opinions about obligations related to the deal about the bridge loan, even if there have been transfers of smaller amounts of money, it’s not enough. He also says that it now has become known that the Chinese companies want to invest in Saab and not via SWAN. So, in summary, according to Mr. Lofalk (and with… Read more »
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