According to TTELA, Saab's Executive Director of Communication Eric Geers says that Saab and SwePart has agreed on a payment plan and SwePart will thus withdrawn the bankruptcy filing.
"We have agreed on a payment plan," Eric Geers says to TTELA.
Formally, however, the bankruptcy filing still remains with the District Court.
"If they do not want to continue with the bankruptcy, they must withdraw the filing," says Mona-Lisa Jahansson who is handling the case at the Vänersborg District Court.
Here's a press release from Saab:
Zeewolde, The Netherlands, 22 July 2011 - Swedish Automobile N.V. confirms that Saab Automobile Tools AB reached agreement on payment terms with the supplier that filed for bankruptcy, thereby resolving the issue.
