A management buyout made him part owner of salvage and towing company Wijsmuller in IJmuiden.

He sent an email to bank Theodoor Gilissen, requesting they not sell shares used as security for a personal loan.

[2] On 2 December 2014 Spyker NV was granted a financial restructuring by the Dutch court "Midden Nederland".

Victor R. Muller, Spyker founder and chief executive, said “In 2000 our objective was to found a global sports car manufacturer, and we did just that.

In April 2012, the Swedish curators made public that SAAB has a debt of over US$2 billion after subtracting the value of assets.

[2] In August 2012, Muller, stated that Spyker Cars will sue General Motors over Saab's bankruptcy.

Drain, "General Motors had a contractual right to approve or disapprove the proposed transaction," and "The court is going to grant the motion to dismiss the matter.

Judge Eugene Siler said GM's actions were not malicious, and that it had "legitimate business concerns" about the sale, including who would benefit from Saab's use of its technology.