Mallinckrodt Ch. 11 Plan Lacks Support For Now, Lenders Say
By Vince Sullivan ( February 22, 2021, 8:18 PM EST) -- An ad hoc group of senior term lenders in the pharmaceutical company Mallinckrodt's bankruptcy case told a Delaware judge late Friday that a Chapter 11 plan proposed by the debtor can't be confirmed and more talks are needed to gain the lenders' support....
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