by Calculated Risk on 4/13/2009 10:51:00 PM

From the WSJ: General Growth Bondholders Ask Trustee to Sue (ht bearly)

A group of bondholders have ratcheted up the pressure on General Growth Properties Inc. by asking their trustee to sue the debt-laden mall owner for payment of their past-due bonds.
...
The bondholders' action pushes General Growth closer to a bankruptcy filing but doesn't mean that one is imminent.

Here is the story from Reuters: General Growth bondholders seek to sue company--WSJ