The attempt to revamp GM's balance sheet is essentially an out-of-court bankruptcy reorganization, Mr. Henderson conceded.

亨德森承认，这一重组公司资产负债表的努力实际上就是一次法庭外破产重组。

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Some experts and members of Congress say bankruptcy reorganization is the surest way for GM to cut costs and become viable.

一些专家和国会议员称，破产重组是让通用汽车削减成本、恢复生机的最可靠途径。

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Through bankruptcy reorganization, creditors, restructuring side, the original shareholders can achieve better than the direct result of bankruptcy.

通过破产重组，债权人，重组方，原股东可以取得比破产的直接结果更好。

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To do so profitably, the carmaker struck a breakthrough deal with the UAW during its bankruptcy reorganization.

FORBES: My New Appreciation For The American Auto Worker

But airfares had sunk to very cheap levels during the recession, driving several mergers and pushing American into bankruptcy reorganization.

WSJ: Where Airfares Are Taking Off

The reorganized Kodak will focus instead on commercial imaging and printing, where it believes it can once become profitable, according to its bankruptcy reorganization plan.

NPR: Kodak To Exit Bankruptcy A Different Company