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Re: Saab's U.S. arm in out-of-court bankruptcy move
Posted by davidgmills [Email] (more from davidgmills) on Thu, 22 Dec 2011 06:56:41
In Reply to: Saab's U.S. arm in out-of-court bankruptcy move, Sven, Wed, 21 Dec 2011 15:30:47
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I suppose it is worth a try to go the non-bankruptcy route if you can. But I don't know how you legally put creditors on hold if you do that. now maybe the creditors understand they are in a box and are willing to take their lumps because they would be screwed in bankruptcy as well.
But I still think there should be some real heat put on GM to honor the warranties of Spyker/Saab cars. GM bloked a sale that would have provided warranties on these cars. That should make GM liable for the warranties.
SCNA needs to get some lawyers to sue GM to force GM to warrant these cars.
posted by 76.107.1...
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