Saab Automobile
On April 10, 2012, many documents regarding the bankruptcy became official and the deadline for final bids of Saab Automobile was reached. Since the first reconstruction in 2009, Saab had gathered a debt of approximately €1.3 billion. The total value of all assets was found to be approximately €360m. The potential sale of Saab would therefore mean that many with claims on Saab Automobile would not be paid. GM's claim of approximately €220m would be prioritized because it consisted of preference shares. The handful of previous interested parties in buying Saab Automobile out of bankruptcy were confirmed to have handed in final bids and were all intending to produce Saab cars in Trollhättan in one form or another. The receivers hoped to have a deal done before summer. The receivers also found that the sale of the Saab Automobile property in the summer of 2011 may not have been legitimate and the property may have to be returned to Saab.