Court OKs Mallinckrodt Restructuring, $1 Billion Cut to Opioid Settlement
Insurance Journal - Oct 10, 2023
Drugmaker Mallinckrodt on Oct. 10 won court approval for a bankruptcy plan that cuts $1 billion from what it must pay opioid crisis victims, cancels existing equity shares, and trims nearly $2 billion in other debt. The Ireland-based company reached …...
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