Solutia creditors reject stockholder panel
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In a recent motion filed with the US Bankruptcy Court in Manhattan, the representatives for the unsecured creditors of Solutia, a manufacturer of chemical-based products headquartered in Missouri, asked that the panel established to represent stockholders of the company during the Chapter 11 case be disbanded.
According to the motion, the committee representing the unsecured creditors claimed that the panel for stockholders—including Couchman Partners, Mellon HBV Alternative Strategies, Prescott
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