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Anthony J. Kochis Bankruptcy Law Blog on Lawyers.com
Involuntary Chapter 11 Bankruptcy Filed against Saab Cars North America, Inc.
Tuesday, January 31, 2012 by Anthony J. Kochis
On January 30, 2012, more than 40 creditors filed an involuntary Chapter 11 bankruptcy against Royal Oak, Michigan based Saab Cars North America, Inc. in the United States Bankruptcy Court for the District of Delaware. The case has been assigned to Hon. Christopher S. Sontchi, Case No. 12-10344. The petitioning creditors, whose claims purport to exceed $1.230 million, allege that they are owed monies from Saab Cars North America, Inc. related to “unpaid warranty and incentive reimbursement and related obligations.”
Anthony J. Kochis is an attorney at Wolfson Bolton PLLC, located in metropolitan Detroit -- www.wolfsonbolton.com.
Posted at 10:51 AM
Topic:
Bankruptcy
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