Clifford Chance (CC) has taken a large role advising on the restructuring and potential insolvency of auto giant General Motors' (GM) European arm. The news comes as GM struggles to secure funding from European governments after asking for a $6bn (£4.3bn) loan to save its business.CC is advising GM Europe - which manufactures and sells Saab, Vauxhall and Opel - on the restructuring.
March 10, 2009 at 07:21 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) has taken a large role advising on the restructuring and potential insolvency of auto giant General Motors’ (GM) European arm.
The news comes as GM struggles to secure funding from European governments after asking for a $6bn (£4.3bn) loan to save its business.
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