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Published on 1/18/2006 in the Prospect News Distressed Debt Daily.

3V Capital Master Fund buys $1.48 million claim against Solutia

By Caroline Salls

Pittsburgh, Jan. 18 - 3V Capital Master Fund Ltd. bought Inquip Associates Inc.'s $1.48 million secured claim against Solutia Inc., according to a Wednesday filing with the U.S. Bankruptcy Court for the Southern District of New York.

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


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