GM どうなってしまうの、、、、、、

The U.S. Ministry of Finance is expected to have the majority of the this company stocks to GM of the U.S. automaker biggest business that faces the deadline for submission of the management revitalization scheme on June 1(General Motors) as soon as the business reorganization plan is decided. Well informed one parties concerned about the conference of this company and the government clarified it. American paper The Wall Street Journal (electronic version) reports that the U.S. government is expected to have the this company stock by 70% or less on the 27th, and is nationalized substantially.

Expectation that Canadian government also acquires the stocks of GM according to assumption that conference is closed-door and talking of this parties concerned contingent on anonymity. The U.S. government says that they will plan to stop the tenure of the stock as shortest as possible. The director is expected not to be scheduled to be sent from the government to Managing Board of GM.

• It is 17.5% in the labor union.

On the other hand, GM agreed on the reduction of the ratio of the stock holdings of United Auto Workers (UAW) medical treatment fund to 17.5%. 39% of GM stock was scheduled to be allocated in the plan of the past. Besides this, the debenture of 2.5 billion dollars that the division repayment is done until the preferred stock 6.5 billion dollars of the divvy 9%(about 620 billion yen) and 2017 is distributed to UAW.

The conference time limit with the bond holder of 27 billion dollars is provided at 11:59PM of the 26th of the U.S. New York time. GM plans to announce a series of debt reduction plan on the 27th in time of U.S. New York.

Moreover, the financial institution that financed it with the mortgage for GM has the possibility that the claim full amount of six billion dollars can be collected. The Wall Street Journal (electronic version) told it based on the story of well informed two parties concerned about circumstances on the 26th.

Only GM files for bankruptcy court protection, and the debt of newborn GM is about 10 billion at the stage in which it escapes from the protection under according to these parties concerned. It is expected to decrease to 12 billion dollars. It was supposed to have been judged that this company was not treatable in the debt of this scale this month though the government was examining the possibility of finishing the Bankruptcy Law procedure by GM having had the debt of 40 billion dollars or less up to now.

The application application of the Bankruptcy Law has declared Henderson CEO of GM (CEO) to be "It can be". It was pointed out that GM could not help filing for bankruptcy court protection, too, if the consumer held the sense of security in the early reconstruction after Chrysler went bankrupt according to well informed parties concerned about the conference with the government.

• It is time to the Bankruptcy Law getting rid of.

George [maguria-no] of Survey Department related to the car : in the global IHS incite. ｢The U.S. government has typed out the posture supported when GM files for bankruptcy court protection. The bankruptcy to which it takes long time is not hoped for. I want to bring in to the application for the Bankruptcy Law, and to stop the influence received for the period put under this law protection at least. ｣It talked.

However, it seems to manage the international service when the necessity that GM files for bankruptcy court protection is caused, and because management is more complex than Chrysler, to become long according to parties concerned as for this company that issues the publicly issued bond in the listed company some application periods of the Bankruptcy Law.