April 6th Marks Mid Review Of Reconstruction Process

Posted on 19. Mar, 2009 by in 2000-2009

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It has been recently indicated by Stephen Taylor and now confirmed to Saab History that April 6th, 2009 will be the date that the mid-review of the reconstruction process takes place.

The team that consists of Guy Lofalk, lawyer; Jan-Åke Jonsson, Saab’s managing director; Stephen J Taylor, an international reconstruction expert; and Martin Brindley, a specialist on the automotive industry, will hopefully be announcing some positive news where they stand at that point.

We know that Reconstruction is planned on taking until May 20th (3 months Feb 20th-May 20th), although some reports have now said July, which is strange.

April 6 is yet another decisive day for Saab. The preliminary reconstruction plan will be presented at a creditors’ meeting and it will be determined if the company may continue its reconstruction.

– “We see that as a milestone where we can talk in more detail which way we are heading,” says Stephen J Taylor.

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