Dutch sports car maker Spyker NV’s $3 billion lawsuit accusing General Motors Co. of trying to bankrupt Swedish automaker Saab was dismissed today by a U.S. judge who said the U.S. automaker had the right to block the sale of a company using its technology.

Spyker sued GM in August 2012, seeking damages and accusing the U.S. automaker of trying to stop a deal with Zhejiang Youngman Lotus Automobile Co. and eliminate a potential rival in the growing Chinese market.