je.st
news
UPDATE 1-U.S. appeals court rules for GM over Spyker's Saab sale
2014-10-25 05:44:54| Automakers - Topix.net
General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV accused it of derailing a plan to sell the Swedish automaker Saab to a Chinese company. The 6th U.S. Circuit Court of Appeals in Cincinnati on Friday said Spyker failed to show GM intentionally interfered with the Dutch company's effort to sell Saab to Zhejiang Youngman Lotus Automobile Co, leading to Saab's bankruptcy.
Tags: sale
update
rules
court
Category:Automotive