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Mallinckrodt Trust Sues To Recover $1.6B Share Buyback

By Jeff Montgomery (October 18, 2022, 12:41 PM EDT) -- A litigation trust formed under opioid distributor Mallinckrodt PLC's now-confirmed Delaware Chapter 11 has sued to claw back proceeds from nearly $1.6 billion in pre-bankruptcy share repurchases, carried out as the company's liability for the opioid epidemic swamped its total worth....

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