schreef:
How the Court of Appeal decides Saab's faithPublished 21:17, Updated 21:42At 9.30 am on Monday morning to Court of Appeals Council, Peter Islander preferred target for 3869-11 Court of Appeal president Gunnel Wennberg and another judge on the Court of Appeal for western Sweden. The target determines whether Saab will leave to appeal or not, in its appeal of the district court's decision to reject the reorganization.A yes to appeal does not necessarily mean a yes to the reorganization.
- A yes does not necessarily mean that we are positive, but we want to go deeper, or that it becomes a precedent, said Peter Island.
He worked on the case yesterday and he explains how the work is done.
- It will take a while to go through all the material on Monday. That there would be a decision before lunch does not sound reasonable.
He believes that it will be during Monday afternoon or Tuesday as the court of appeal is with his notice of appeal. This answer is a yes or no without any explanation.
If it gets a yes, then the matter goes. Then it will be four judges who will decide.
- It can go fast but can also take time. We may contact Saab for a clarification or whatever. Although it takes some time so it's not about weeks. Can not say before we start but it should also be justified and the case to weigh their words so it may take a few days, said Peter Island.
Yesterday, it was not clear which three judges who will be involved in Monday's debate.
- In addition, I will surely Court of Appeal president Gunnel Wennberg to participate but who it will be more is not really fixed, said Peter Island.
He does not think it would be irresponsible to not do a very thorough assessment of the case.
- Not that we always do, but here are the very many who are interested in the entire western Sweden. We will do some sort of forecast of a reorganization can be successful.
If the Court of Appeal considers that and say yes to the reorganization, it is the district court, which again begins with his work and who will appoint an administrator. Guy Lofalk had the role last for Saab and the company has also proposed him this time.
- It's not unusual that they appoint the person proposed. I would say that it is most common that it will be that person if there is an attorney who is knowledgeable in the field.
It remains to see whether Guy Lofalk receive a new attempt to save Saab.
During a reconstruction can not the company be declared bankrupt.