June 26, 2009 - Assignment

The restructuring of General Motors’ European operations

Mannheimer Swartling is advising General Motors on the restructuring of its European operations, including i.a. the pooling of the Opel/Vauxhall assets under Adam Opel GmbH and the reorganization of Saab Automobile AB. Saab Automobile filed for a reorganization under Swedish Law in February 2009 and on June 17 the court in Vänersborg approved a 75 per cent writedown of Saab Automobile's more than SEK 10 billion of debt.

Mannheimer Swartling’s team includes Biörn Riese as the responsible partner assisted by, among others, Thomas Pettersson, Christoffer Monell, and Jesper Kuschel.