A trust representing unsecured creditors of the old General Motors agreed to stop trying to reclaim payments made to hedge funds in return for shaving the funds' claims against the company.
via WSJ.com: US Business http://online.wsj.com/article/SB10001424052702303464504579107610563799196.html?mod=pls_whats_news_us_business_f
via WSJ.com: US Business http://online.wsj.com/article/SB10001424052702303464504579107610563799196.html?mod=pls_whats_news_us_business_f
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