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Spyker has exited bankruptcy protection in the Netherlands, and is now preparing to merge with Portland-based electric aircraft manufacturer Volta Volaré.

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Ryan Tuerk rings up a 40-second burnout in a Spyker C8 Aileron. Spyker recently went bankrupt, but has defied the odds and announced plans for a comeback, yet again. We've got our doubts about its prospects, but either way, we suspect this will be the first and last chance to see a Spyker hoon.

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Dutch courts have granted Spyker's petition and overturned a previous bankruptcy ruling, paving the way for the exotic automaker to get back in business - with plans to produce the B6 Venator, merge with an electric aircraft manufacturer and produce its first electric vehicle.

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Earlier this month, Spyker confirmed that it had entered bankruptcy protection proceedings in the hope of restructuring its finances and getting back on its feet. But now it seems those efforts have failed and those hopes have been dashed as the Dutch automaker has officially been declared bankrupt.

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To say that Spyker has fallen on hard times in recent years would be a gross understatement, but now the troubled Dutch automaker has officially declared bankruptcy.

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It's been a long time since we last heard of the legal battles between Spyker CEO Victor Muller and General Motors, the automaker from which Muller's company purchased the embattled Saab brand back in 2010. To refresh your memories, after struggling through 2011 and entering into bankruptcy, Spyker attempted to save the Saab brand by selling it to a Chinese consortium.

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News hit last week that Spyker appeared to be in trouble. Citing an outstanding tax bill, local authorities had apparently seized an array of the company's assets – including racecars, road cars, concept cars and spare parts – and were selling them off in order to pay off the company's debt. It now seems, however, that Spyker is in the clear. In a statement sent to Autoblog, Spyker CEO Victor Muller said:

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If there's any company that's faced some ups and downs, surely it's Spyker. The Dutch coachbuilder originally started out in 1880 and shut down in 1926, laying dormant until resurfacing in 1999. Things were going alright until Spyker tried running its own F1 team (which as fellow niche European sports car manufacturers Caterham and Marussia could tell you, is not a good idea) then set its sights on Saab. Of course we all know how that turned out and nearly drove the company into bankruptcy.

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Crowd-funding projects are quickly emerging as the way to get things done in the tech business, and the idea is even jumping into other fields as well. But it hasn't exactly caught on just yet in the automotive industry. A few months ago we reported on a crowd-funding campaign to revive the Castle Three Motor Company to build a retro trike roadster similar to the Morgan 3 Wheeler, and various outfits have attempted to harness the public's contributions to jump-start electric vehicle development.

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Interests were piqued when Spyker unveiled the B6 Venator concept at the Geneva Motor Show this past March. And then again with the debut of the convertible version at Pebble Beach in August. But aside from revealing that the compact sportscar is powered by an unspecified V6 with 375 horsepower, the niche automaker from Holland didn't reveal much in the way of details.

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Pebble Beach is an outstanding event if you're interested in pre-war classics, but outside of the parking lots, it's a bit light on more modern stuff. The Quail, now in its eleventh year, leans far more towards the present day, and has become one of the must-attend events of the Monterey car week.

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We met up with the well travelled Victor Muller at The Quail gathering at Monterey and talked turkey regarding the re-entry of Spyker production cars in the United States. He was showing off the running prototype of his new B6 Venator Spyder with 375-horsepower supercharged V6.

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Spyker has made quite a splash in Monterey, debuting the convertible version of the B6 Venator that was shown at the 2013 Geneva Motor Show. The droptop, officially named the Spyker B6 Venator Spyder Concept, which had essentially been confirmed for both production and a Pebble Beach debut stays quite true to the coupe's form.

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Spyker, which is somehow still alive and kicking, has been desperately trying to produce a mid-engined, super-sports utility vehicle since it debuted the D12 Peking-To-Paris Concept at the 2006 Geneva Motor Show (later revised to "D8" with a change in proposed engine cylinder count). Seven years later, AutoCar is reporting that it might finally see production.

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Spyker promised to unveil a convertible version of the B6 Venator this year, and, while we thought it would make its first appearance at the Frankfurt Motor Show in September, it'll actually be showing up a bit earlier, at Pebble Beach next month, a source close to Spyker told Autoblog.

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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

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US District Judge Gershwin Drain has dismissed a $3-billion lawsuit Spyker filed against General Motors. In the suit, Spyker accused GM of attempting to bankrupt Saab after the US automaker had already sold the company to Spyker. GM in effect blocked the sale of Saab to China's Zhejiang Youngman Lotus Automobile Company by prohibiting the transfer of some of its intellectual property. But the court found that GM had a "contractual right" to approve or disapprove any change of ownership. Furtherm

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Tucked in the middle of a very long business update press release, Spyker has confirmed that it will unveil a topless version of the B6 Venator Concept that we first saw in coupe form at the Geneva Motor Show earlier this year. A specific launch timeframe has not been given, other than the ultra-vague "later this year," but we'll bet our bottom dollar that the open-top B6 will show its face at the Frankfurt Motor Show this September.

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A Compelling Story Counts As Much As Performance

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If you thought the recently unveiled Spyker B6 Venator held a few familiar lines, you aren't alone. The keen-eyed crew at AutoBild noticed the new Swedish sportscar looks an awful lot like the new defunct Artega GT. The German manufacturer went bankrupt last year and may have sold off the GT platform to pay off its debts. Given the fact that the B6 Venator cropped up fairly quickly, critics assumed Spyker grabbed the machine's platform from some outside source rather than build the car's bones i

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The new B6 Venator wasn't the only vehicle on display at the Spyker booth at the 2013 Geneva Motor Show. The company still has its C8 Aileron on offer, and Road & Track has word of a potential powerplant upgrade for the long-running machine.

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