Saab Cars North America, Inc.  Bankruptcy New Filing Alert: Motion/Application For Approval Of A Settlement Pursuant To Rule 9019

On March 16, 2015, a motion/application for approval of a settlement pursuant to rule 9019 was filed in the bankruptcy case of Saab Cars North America, Inc.  and its affiliates.

The filing was assigned docket number 1261 and is described on the court’s official docket as follows:

Motion to Approve Compromise under Rule 9019 / The Liquidation Trustee’s Motion Pursuant to Fed. R. Bankr. P. 9019 to Approve Stipulation Regarding Disposition of Funds Related to Loan to Schumacher Motors Filed by Edward T. Gavin. Hearing scheduled for 4/6/2015 at 03:00 PM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 3/30/2015. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C # (5) Exhibit D # (6) Proposed Form of Order) (Ward, Christopher)

Saab Cars North America, Inc.  filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on January 30, 2012. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 12-10344. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of No Appearance to Date is acting as lead bankruptcy counsel to Saab Cars North America, Inc.  in the bankruptcy case.


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