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Sutton Seeks to Scotch Centrix Bankruptcy Plan at 23rd Hour

MAR 9, 2008 11:11pm ET

DENVER – Centrix Financial founder and former president Robert Sutton asked the federal bankruptcy court here last week to reject the reorganization of the failed subprime auto lender under a Chapter 11 bankruptcy plan and instead, to order the dissolution of the company under a Chapter 7.

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