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Mallinckrodt plc

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Case overview

Case Number:

1:20-bk-12522

Court:

Delaware

Nature of Suit:

Firms

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  1. November 05, 2021

    Mallinckrodt Cleared On $94M Ch. 11 Bond Penalty

    A Delaware bankruptcy judge on Friday found Mallinckrodt does not owe a $94 million payment to noteholders, saying the creditors should not get a "windfall" simply as a result of the drugmaker's Chapter 11 filing.

  2. November 04, 2021

    Mallinckrodt Can Duck Acthar Royalties In Chapter 11

    A bankruptcy judge in Delaware Thursday ruled drugmaker Mallinckrodt can use Chapter 11 to escape royalty payments for the sale of its Acthar Gel medication as the confirmation hearing for the company's restructuring plan continued.

  3. November 02, 2021

    Antitrust Group Says Mallinckrodt Plan Lacks Sufficient Votes

    A group with antitrust claims against drugmaker Mallinckrodt challenged the vote approving the company's Chapter 11 plan on Tuesday, but lost a bid to get counsel for the unsecured creditors on the stand to address the vote solicitation process.

  4. October 15, 2021

    Mallinckrodt Ch.11 Plan Under Fire From Multiple Angles

    The drugmaker Mallinckrodt is facing more than a dozen objections to its proposed reorganization plan as it heads for a confirmation hearing in a Delaware bankruptcy court in just over two weeks, on grounds ranging from liability releases to insurance claims to bond terms.

  5. September 13, 2021

    Mallinckrodt Creditors Say Ch. 11 Plan Understates Revenues

    Senior creditors of bankrupt drugmaker Mallinckrodt Corp. have objected to confirmation of its multibillion-dollar Chapter 11 plan, arguing that the company failed to take into account worldwide revenues from a breakthrough skin graft substitute recently approved by the Food and Drug Administration.

  6. July 16, 2021

    Bankruptcy Cases To Watch In The Second Half Of 2021

    Though the pace of new bankruptcy cases slowed in the first half of 2021, the proceedings of large and complex cases continue to wind their way through the nation's insolvency courts. Here, Law360 gives a preview of what to expect for the remainder of 2021 in significant pending cases.

  7. June 15, 2021

    Mallinckrodt Ch. 11 Plan Disclosure Challenges Shot Down

    A Delaware bankruptcy judge Tuesday heard and rejected multiple challenges to opioid maker Mallinckrodt PLC's proposed Chapter 11 disclosures, saying they contain sufficient information on topics ranging from payouts from states to disputed intercompany transfers.

  8. June 14, 2021

    Mallinckrodt Says Ch. 11 Disclosures Have Enough Info

    Drugmaker Mallinckrodt PLC Monday defended the disclosure statement for its proposed Chapter 11 plan, telling a Delaware bankruptcy judge that it has provided creditors with all the information they need to vote on the plan.

  9. May 26, 2021

    Mallinckrodt Ch. 11 Trustee Hearing Set For Confirmation

    A group of plaintiffs alleging claims against bankrupt pharmaceutical company Mallinckrodt PLC will have their motion seeking appointment of a Chapter 11 trustee in the case heard during the debtor's plan confirmation hearing, a Delaware judge ruled Wednesday.

  10. May 21, 2021

    Drug Industry Group Slams Mallinckrodt Ch. 11 Disclosures

    A group of makers and distributors of Mallinckrodt PLC's opioids have asked a Delaware bankruptcy judge to reject the company's Chapter 11 plan disclosures for lack of clarity and because they would allow Mallinckrodt to pick and choose its contractual obligations.