If so, it is unclear whether further concession from unions, if they are needed at the two carmakers, would be easier or harder to extract.Standing in the way of restructuring outside of the bankruptcy courts are GM's aggrieved bondholders.
(In other words, if your opponents are getting traction with their demands to dismantle a broken welfare system, you acknowledge the problem but propose a middle-ground way of restructuring it instead).
And Unison has not explained how a "Japanese way" of restructuring floundering companies would differ from the usual Western approach: will it lay off fewer superfluous employees; give the firm more time to sort itself out; or accept less profit?The squabble is seen as a test of Japan's openness to foreign investment.
Berners-Lee's proposal for the "semantic web" – ie a way of restructuring web pages to make it easier for computers to distinguish between, say, Casablanca the city and Casablanca the movie – is one approach, but it would require a lot of work upfront and is unlikely to happen on a large scale.
Is there a way of restructuring the balance sheet?
Mr. Manze earned these epithets -- or laurels -- for doing what seems right to him by way of restructuring and ornamentation.
A crucial plan by the Co-operative Group to inject £1.5bn of capital into its troubled bank is under pressure from activist bond holders who are pushing an alternative way of restructuring which would leave them with majority ownership.
Otellini is eager to get past Intel's memory problems as the middle-aged chip giant-which turns forty this year-tries to prove it's still got some of that growth company magic after gutting its way through two years of restructuring.
"Even before Sept. 11, we knew we were entering into a slump, and we had been thinking of ways to restructure," said Harriet Sanford, an arts administrator from Atlanta who became president of the council last year.
