Tag Archives: reorganization

Latest News: Nevs applies for reorganization

To create more time for negotiations Nevs applies for reorganization The Board of Directors of National Electric Vehicle Sweden AB has today, August 28, 2014, decided to apply for a reorganization to create more time for the ongoing negotiations. The application has been submitted to the district court in Vänersborg, Sweden. “The tripartite negotiations we have with
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Swedish court approved Saab reorganization with protection from creditors

The District Court dismissed the VANERSBORG two weeks ago, Saab’s request , citing uncertainties regarding Saab’s ability to raise the necessary funds . Swedish court yesterday accepted the request carmaker Saab for protection from creditors in order to give him more time to the Chinese investors provide the necessary funding .