China Financial Daily

GM may choose to “fast” procedure of bankruptcy protection
From Detroit Xinhua on April 14th, Executive Vice President and Chief Financial Officer of General Motors Corporation, Yang Shijie on 14th in an exclusive interview with Xinhua said that to filed for bankruptcy protection is an option for the reorganization of the company, the most important of which is a “fast” procedure. Yang Shijie said: “GM will firstly consider priority of the way through the court to achieve the reorganization, but If you can not achieve our goals, we will choose the procedure in court.”

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