Seams like Guy Lofalk has cashed in a smaller fortune.
Di has the article:
Guy Lofalk looks like a clear winner in Saab’s reconstruction. The lawyer has already received 11 million in fees to try to get the submerged car manufacturer on an even keel. The newspaper Dagens Industri.
Lofalk Law Firm turnover in 2010 of just over 13 million in the six employees, with a profit of 1 million, writes Di.
According to information provided to the newspaper asked Lofalk almost 11 million, EUR 1.2 million, to address the reconstruction mission – in advance. Thus, almost the previous year’s turnover on a board.
He must also have been a clause to the effect that the firm will receive up to 7 million extra for the reconstruction succeed.
The reconstruction in 2009 was also the lucrative for Lofalk. At the six-month process, the Agency received almost 41 million.
However, there is a risk that Guy Lofalk forced to pay back some of their work. Saab itself, or one of the creditors, may seek review in district court whether the fee is reasonable.
According to Di considering Saab’s CEO and chairman Victor Muller just that.