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Noteholders not satisfied with Solutia disclosure statement

The ad hoc committee of holders of the unsecured notes of 2027 and 2037 remains opposed to the latest draft disclosure statement circulated by Solutia Inc., the Creve Coeur-based nylon and acrylic fiber producer. At the fourth and most recent hearing Aug. 1., U.S. Bankruptcy Judge Prudence Carter Beatty wouldn’t approve the disclosure statement, saying she ...

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