We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Solutia Supports Extension Bid

Law360 (November 16, 2006, 12:00 AM EST) -- Seeking to bolster its bid for a ninth extension of its exclusive rights to file and solicit support for a Chapter 11 plan, bankrupt chemical products maker Solutia Inc. filed its reply Wednesday to a strongly worded objection lodged last week by the ad hoc noteholders committee.

Solutia’s former parent company Monsanto Corp. has already traded barbs with the noteholders, who accused Solutia of failing to aggressively prosecute claims for environmental liabilities against Monsanto, and complained that the securing liens on the $450 million in Solutia...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.