Mallinckrodt (MNK) Files Chapter 11 Bankruptcy

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Mallinckrodt plc Takes Next Step to Implement Comprehensive Financial Restructuring Plan to Address Long-Term Debt and Opioid Obligations

August 28, 2023 12:19 AM EDT

Initiates Voluntary Prepackaged Chapter 11 Proceedings with Overwhelming Support of Key Stakeholders, Including 85%+ of First and Second Lien Debtholders

Continuing to Operate Normally, Serve Customers and Deliver High-Quality Therapies to Patients

Vendors and Suppliers Expected to be Paid in Full in the Ordinary Course

DUBLIN, Aug. 28, 2023 /PRNewswire/ -- Mallinckrodt plc (NYSE American:... More