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Home > Bankruptcy News

Bankruptcy News May 2009

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GM’s Bankruptcy Plan Said to Win Backing of Bondholder Majority
May 31 (Bloomberg) -- General Motors Corp., poised to file for bankruptcy June 1, and the U.S. Treasury got a majority of the automaker’s bondholders to agree to the largest U.S. automaker’s reorganization plan, according to a person familiar with the results. (Sun, 31 May 2009 15:53:32 GMT)

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