Big Holders of GM Debt Form Group to Negotiate, The Wall Street Journal

The Wall Street Journal

January 16, 2009

General Motors Corp. bondholders formed a committee to negotiate with the company over a proposed debt-for-equity swap, a swap that they refused to agree on last year. Daryl B. Robertson, who has represented bondholders but not those involved in the negotiations, agreed that the talks could be contentious since each individual bondholder will need to sign off on the deal.

Robertson, a corporate partner with the firm's Dallas office, focuses his practice on business transactions, M&A and securities law.