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Published on 2/22/2005 in the Prospect News Distressed Debt Daily.

Longacre Master Fund buys $1.74 million Solutia claim

By Ellen Chang

Houston, Feb. 22 - Longacre Master Fund, Ltd. bought a $1.74 million claim agains Solutia, according to a Tuesday filing with the U.S. Bankruptcy Court for the Southern District of New York.

Longacre acquired the claim from Dupont Teijin Films U.S. LP of Wilmington, Del.

Solutia, a St. Louis-based chemical company, filed for bankruptcy on Dec. 17, 2003. Its Chapter 11 case number is 03-17949


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