After missing a payment of more than $17 million to bondholders this month, Chassix has asked the bondholders to organize and retain advisers -- and a creditor's filing asserts that the company is taking steps toward a possible bankruptcy.

from Automotive News Breaking News Feed http://ift.tt/1DBSyPE via Falls Church auto repair
from Automotive News Breaking News Feed http://ift.tt/1DBSyPE via Falls Church auto repair
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