GM Retains Lawyers to Study Bankruptcy Protection
December 11, 2008 at 23:13 PM EST
According to WSJ, General Motors (GM) has hired bankruptcy lawyers and restructuring consultants to consider whether to file for bankruptcy protection as lawmakers in Washington DC continue to debate the terms of a possible bailout of the embattled carmaker. The Journal reported late Thursday that GM’s management has tapped bankruptcy veteran Harvey Miller of the New [...]