After its last minute restructuring deal between labor and management on Monday, GM Korea appears to have sidestepped court receivership,... for the time being at least. <br />However,... the cash-strapped automaker's future remains dim as Korea Development Bank,... GM Korea's second biggest shareholder has unveiled new conditions for injecting fresh funds. <br /> According to Yonhap News Agency, the South Korean government and the state-run KDB say they will help fund GM only if the company decides to stay in the South Korean market for more than ten years.<br />KDB also stressed it will maintain its veto rights, even if its share drops under its current 17 percent level…during GM's debt-to equity swap process. <br />
