A tax resistance movement began in Indonesia in protest of the government's prioritizing of payments to bankers and other large bondholders during the economic downturn.
Carl C. Icahn, the corporate raider and investor, is believed to be the single largest bondholder.
William R. Huff, known for being a tough negotiator, is one of the largest bondholders.
A committee representing the largest bondholders has already reviewed and appears to have tentatively approved most of the plan.
The Journal Company had announced that it was in negotiations with two large bondholders.
The negotiations provide an example of the power that a large bondholder can wield to win more favorable treatment from a corporation that has experienced financial difficulties.
But the exchange offer quickly ran into opposition from many of Qwest's largest bondholders.
A group of about 20 of the larger bondholders will interview five major law firms today, then choose one to take the leading role in handling their concerns.
The company eventually went bankrupt and in 1939, when it was reorganized, Mr. Evans, as its largest bondholder, became its president.
Some of the large bondholders in the case of Nabisco may go to the courts to correct a perceived inequity.