$3B Suit Says GM Forced Saab From China, Into Bankruptcy

Law360, New York (August 6, 2012, 3:21 PM EDT) -- Dutch car manufacturer Spyker NV on Monday launched a $3 billion lawsuit in Michigan federal court alleging General Motors Co. strong-armed Spyker's now-bankrupt subsidiary Saab Automobile AB out of the Chinese automobile market by interfering in a proposed buyout with Chinese investors. 

GM threatened to cut off crucial technology licensing deals if Spyker went ahead with a $141.9 million sale of Saab to the Chinese automakers Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co., dooming the proposed deal and necessitating Saab’s December bankruptcy...
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