The future of bankrupt auto-parts maker, Chassix, will be put to a vote from company shareholders as they decide whether it's proposed restructuring plans receive the green light.
Following the bankruptcy declaration by Chassix last month, a restructuring plan will now be voted on by its creditors after gaining approval from the United States Bankruptcy Court for the Southern District of New York. Chassix will begin the process of soliciting votes for the plan from eligible stakeholders immediately, with the Bankruptcy Court setting a…
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