Editing Saab Automobile (section)

====2012 – US$3 billion damages claim====
On 6 August 2012, Spyker, represented by the law firm [[Patton Boggs]], filed a lawsuit against General Motors in the United States District Court of the Eastern District of Michigan claiming US$3&nbsp;[[1000000000 (number)|billion]] in damages for the actions GM took in the fall of 2011 to stop the various proposed deals between Spyker and [[Youngman]] concerning Saab Automobile where Youngman claimed to be ready to invest several billion dollars in Saab Automobile to guarantee its future. More precisely, under the Automotive Technology License Agreement (ATLA) between GM Global Technology Operations Inc (GTO) and Saab, GM refused licensing of the platforms and technology in Saab cars if any Chinese party were to be involved in Saab's ownership structure.

To solve this issue, Spyker and Youngman came up with a deal where Youngman would provide Saab with a loan of €200 million which would be converted into an equity interest in Saab only after Saab ceased using GM technology in its vehicles. Despite this, GM maintained that it would still refuse licensing of platforms and technology needed for production of Saab cars in Trollhättan and also threatened to cease 9-4X production at GM's plant in Mexico, should the deal go through.

Consequently, the deal finally collapsed and Saab was forced to file for bankruptcy. According to Spyker, the actions taken by GM were not legal. Since Saab had been in receivership since the bankruptcy, and would be until the deal with Nevs was closed, Spyker and the receivers of Saab Automobile had entered into an agreement where Spyker would bear the costs of the litigation in exchange for 90% of the claim if the case is successful.<ref>{{cite web |url=http://hugin.info/ |title=Complaint: Saab Automobile AB & Spyker N.V. v. General Motors Company |work=Patton Boggs LLP |date=6 August 2012 |access-date=21 February 2015 |archive-date=23 February 2015 |archive-url=https://web.archive.org/web/20150223170553/http://hugin.info/ |url-status=live }}</ref><ref>{{cite web |url=http://www.spykercars.nl/?pag=50&jaar=&nid=692 |title=Spykercars |work=Spyker N.V. |year=2015 |access-date=20 October 2012 |archive-date=15 October 2012 |archive-url=https://web.archive.org/web/20121015122857/http://www.spykercars.nl/?pag=50&jaar=&nid=692 |url-status=live }}</ref><ref>{{cite web |url=http://www.autonews.com/article/20120806/OEM/120809929/gm-sued-by-saabs-parent-company-for-blocking-reorganization?CSAuthResp=1%3A1873565060264294%3A423310%3A17%3A24%3Aapproved%3AAB97FAD06FC4A626A16CB8457CEB1B5F&= |title=GM sued by Saab's parent company for blocking reorganization |work=Autonews |date=6 August 2012 |access-date=21 February 2015 |archive-date=3 March 2016 |archive-url=https://web.archive.org/web/20160303214824/http://www.autonews.com/article/20120806/OEM/120809929/gm-sued-by-saabs-parent-company-for-blocking-reorganization?CSAuthResp=1:1873565060264294:423310:17:24:approved:AB97FAD06FC4A626A16CB8457CEB1B5F&= |url-status=live }}</ref><ref>{{cite web |first= Valdemar |last= Lönnroth |url= http://ttela.se/ekonomi/saab/1.1723212-spyker-stammer-gm-pa-20-miljarder-kronor |title= Spyker stämmer GM på 20 miljarder kronor |language= sv |publisher= TTELA |access-date= 20 October 2012 |archive-date= 8 August 2012 |archive-url= https://web.archive.org/web/20120808111532/http://ttela.se/ekonomi/saab/1.1723212-spyker-stammer-gm-pa-20-miljarder-kronor |url-status= dead }}</ref>