It seems as if Spyker CEO Victor Muller has made a decision on whether or not to pursue a legal battle between his company and General Motors. Spyker has announced it will appeal a US District Court decision to throw out the company's lawsuit against GM. As you may recall, on June 10 Judge Gershwin Drain ruled tht GM had a right to approve or disapprove Spyker's sale of Saab to Zhejiang Youngman Lotus Automobile. Spyker sued GM for some $3 billion, claiming that the American automaker had forced Saab into bankruptcy by stopping Spyker from transferring intellectual property to its Chinese partner.

Spyker has said only that it plans to appeal the decision. Until now, the company has been silent about the ruling. GM, meanwhile, has said it is pleased with the original outcome. You can read the quick Spyker press release below for more information.
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Spyker N.V. : Spyker shall appeal the District Court's ruling in favour of GM in response to GM's motion to dismiss

Zeewolde, The Netherlands, 20 June 2013 - Spyker N.V. ("Spyker") announces that it shall appeal the ruling of the District Court for the Eastern District of Michigan on General Motors' ("GM") Motion to Dismiss (in response to Spyker and Saab Automobile AB's claim for tortuous interference filed in August 2012), which ruling was in favour of defendant GM. Spyker's decision to appeal was taken following careful review of The Court's Memorandum Opinion dated June 18th, 2013.


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    • 1 Second Ago
  • 12 Comments
      Thipps
      • 1 Year Ago
      Spyker will not win this....they will only spend a bunch of money. It was GM's company and they shut it down because there was no economic benefit to keeping it or selling it. Lets not forget that SAAB was failing for a long time, even before GM bought it
      Billy
      • 1 Year Ago
      Damn if Saab refuses to die in the news any ways. Maybe one day Some crazy rich old man will buy Saab, Pontiac, Saturn and cough Dodge and make a new car company. I have its a company name already in case that crazy old millionaire is reading this. Builder of Dreams Everywhere= BODE BTW this is a joke so please don't get work up over this post! yea why not rip BYD name from them, give them a taste of their own meds!
      mbukukanyau
      • 1 Year Ago
      Funny, Spyker could not help but speak **** of GM even when they were 100% dependent on GM technology. If I had been Spyker, I would have awarded GM 49% stake right off the get go to survive. This guy was running his mouth againist GM from day one. Did he really expect GM to go out of its way to assist Saab while they were trying to survive themselves? Jeez
      chromal
      • 1 Year Ago
      Sorry, I have no sympathy for GM here. I hope Spyker lands a massive judgement against GM.... for SAAB. That, and GM sucks anyway.
      SquareFour
      • 1 Year Ago
      I can see both sides of this: On one hand, the technology is still too recent for GM to allow into the hands of competitors. How would it be in GM's best interests to compete against their own technology? On the other, GM willfully moved to force a company into bankruptcy. I can't say that either side is right or wrong, they just are. Welcome to the Wondeful World o' Bidness!
        Billy
        • 1 Year Ago
        @SquareFour
        Like
        msspamrefuge
        • 1 Year Ago
        @SquareFour
        "On the other, GM willfully moved to force a company into bankruptcy." This is where I tend to stand, as I don't think it'd have been necessary if they'd yielded to prudence instead of whatever the hell drove them to sell Saab, which was long damaged, dependent, perpetually unprofitable goods that had no chance as an independent entity outside of acquisition by or partnering with a well-heeled investor. They knew that the place most likely to provide either was emergent China; after all, they were game to pawn dying Hummer off on Sichuan Tengzhong, and Christian von Koenigsegg, many's preferred choice to take on the Saab challenge, was in extensive negotiations to do so with Beijing Automotive Group as a partner. I get that GM had legal standing to do what they did. Nonetheless, I'm tired of individuals and corporations who justify greed, short-sightedness, and apathy among other traits by halting their efforts at the line of their 'legal obligations.' It's demeaning.
      • 1 Year Ago
      [blocked]
      Marc Hamady
      • 1 Year Ago
      I was hoping that Spyker would win the lawsuit against GM. GM practically destroyed Saab. If I were the judge, there would have been a $3 billion judgement against GM.