If at least half of the bondholders signal that they will support the swap, G.M. can file for bankruptcy protection on Monday with the expectation of an easier restructuring.
G.M. Tallies Bondholder Votes on Equity PlanCourtesy NYT > Business Sat, 05/30/2009 - 15:02
If at least half of the bondholders signal that they will support the swap, G.M. can file for bankruptcy protection on Monday with the expectation of an easier restructuring. Related itemsLear, the Auto Parts Maker, Files Chapter 11
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