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Published on 12/1/2005 in the Prospect News Distressed Debt Daily.

Longacre Master Fund buys $6.73 million claim against Solutia

By Caroline Salls

Pittsburgh, Dec. 1 - Longacre Master Fund, Ltd. bought Fluor Enterprises, Inc.'s $6.73 million claim against Solutia Inc., according to a Thursday filing with the U.S. Bankruptcy Court for the Southern District of New York.

Solutia, a St. Louis-based manufacturer and provider of films, chemicals and nylon products, filed for bankruptcy Dec. 17, 2003. Its Chapter 11 case number is 03-17949.


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