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  • William Maley
    William Maley

    Saab's Court Administrator Quits

    William Maley

    Editor/Reporter - CheersandGears.com

    December 15, 2011

    Guy Lofalk, the court-appointed administrator of Saab’s voluntary reorganization is quitting his post.

    “The Saab companies and Guy Lofalk have jointly requested that Guy Lofalk will be dismissed as administrator and that lawyer Lars-Henrik Andersson is appointed as a new administrator," said a statement on the Vanersborg District Court website.

    Saab spokesman, Eric Geers stated that it was Lofalk’s own decision to quit. However, reports from the Swedish media conflict with Geers statement, indicating that Victor Mueller, CEO of Saab parent company Sweidsh Automobile, was eager for Lofalk to leave.

    The Vanersborg District Court was originally going to decide whether to approve Lofalk’s application to end the reorganisation process for Saab tomorrow, but has been pushed to next week in light of the news.

    Source: Autocar

    Related:

    Saab Gets Two Lifelines


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