Move-SPProfileManagedMetadataProperty - UPDATE failed because the following SET options have incorrect settings

I am performing a database attach upgrade from MOSS 2007 to SP2010. As part of the Post-upgrade steps, When I try to move multi-value profile property data which used to be stored in SSP db previously and now in MMS I get the following error.

PowerShell command:

Move-SPProfileManagedMetadataProperty -Identity SPS-skills -TermSetName skill1 -AvailableForTagging -ProfileServiceApplicationProxy 16554bbd-3f6d-4cf9-8056-11b1eceb9ad8

I get the following error.

Move-SPProfileManagedMetadataProperty : UPDATE failed because the following SET options have incorrect settings: 'QUOTED_IDENTIFIER'. Verify that SET options are correct for use with indexed views an

d/or indexes on computed columns and/or filtered indexes and/or query notifications and/or XML data type methods and/or spatial index operations.

At line:1 char:38

+ Move-SPProfileManagedMetadataProperty <<<<  -Identity SPS-skills -TermSetName skill1 -AvailableForTagging -ProfileServiceApplicationProxy 16554bbd-3f6d-4cf9-8056-11b1eceb9ad8

    + CategoryInfo          : InvalidData: (Microsoft.Offic...ProfileProperty:SPCmdletMigrate...ProfileProperty) [Move-SPProfileManagedMetadataProperty], SqlException

    + FullyQualifiedErrorId : Microsoft.Office.Server.UserProfiles.PowerShell.SPCmdletMigrateDataForOneTaxonomicProfileProperty

I really appreciate your help.

Thanks.