The four Swedish unions want to reach tomorrow, a replacement of the bankruptcy administrators Ann-Marie Pouteaux and Hans Bergqvist before the court in Vänersborg. This is reported by friends from Stockholm who have always provided reliable information. The unions are supported by a number of creditors. It is an open secret that Saab has not been satisfied with the work of the two legal advocates so far.
Saab-affiliated Swedish circles referred to the duo in the last few days in conversation and over again as overwhelmed. It is said that the complexity of the task was underestimated right from the beginning and that it was no match for the challenge of successfully running an international operating company through bankruptcy proceedings.
The unions had publicly and increasingly lamented the lack of information in recent days. That the bankruptcy trustees do not understand Saab's business even after three weeks of training and that so far the most important work has not been completed is one of the facts that is now leading to the motion. Tomorrow is according to the current laws, the last date on which a transfer is possible, we were told.
The Swedish press is now tackling the issue, Dagens Industri reports tonight on a series of bankruptcy misconduct. So it should not give a complete overview of the Saab fortune until today, and the discussions and dealing with foreign investors should have been anything but good.
This fits the statement of Rachel Pang, who submitted their proposals for securing Trollhättan before Christmas and now has to hope for a discussion within the next two weeks.
If the news is correct and the bankruptcy trustees are replaced by the court, then Saab has once again suffered a severe setback. Because we lose valuable time. The employees turn away from Trollhättan, reorient themselves. With each lost week a comeback becomes more difficult.
Can it be that Saab has so much bad luck? First an administrator who can not work together with the Saab CEO for the car manufacturer. Now a bankruptcy trustee duo that seems overwhelmed?
It is not yet confirmed, but as it comes, we remain cool and factual! We can not change anything, we are spectators in a play written by a bad author.
Tomorrow is a new day and tomorrow we will see what happens in Vanersborg.