如果债务未能减少90%,那么公司将按照11条例提交破产保护。
If debts cannot be cut by 90% then GM will file for Chapter 11 bankruptcy protection.
企业破产清算,不适用本条例。
These Regulations shall not apply to the bankruptcy liquidation of the enterprise.
第11章是美国的破产法条例,它规定了在美国破产法项下的重组。
Chapter 11 is a chapter of the United States bankruptcy Code, which permits reorganization under the bankruptcy laws of the United States.
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