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Mallinckrodt Trust Can Pursue Covidien Clawback Claims

By Emlyn Cameron (January 22, 2024, 9:28 PM EST) -- A litigation trust formed when Mallinckrodt PLC left Chapter 11 bankruptcy can continue pursuing some clawback claims against Covidien Unlimited Co. alleging Covidien committed actual fraud when it spun Mallinckrodt off in 2013, a Delaware bankruptcy judge ruled....

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