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Auto Supplier Chassix Files For Ch. 11

By Cara Salvatore ( March 12, 2015, 4:42 PM EDT) -- Chassix Inc. filed for bankruptcy in New York on Thursday after suffering through a "perfect storm" of bad market conditions in 2014, touting a prenegotiated reorganization plan that will cut about two-thirds of its $680 million in capital-structure debt and will convert a sizable amount of debt to equity in the company....

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