April 05, 2021
A Delaware bankruptcy judge on Monday gave drugmaker Mallinckrodt PLC permission to give its top executives up to $35 million in performance-based bonuses, rejecting creditor arguments that the executives could be responsible for the company's legal troubles.
March 31, 2021
Drugmaker Mallinckrodt PLC Wednesday asked a Delaware bankruptcy judge to allow it to pay more than $35 million in bonuses to its top executives, while creditors argued the bonuses could reward the executives who sent the company into Chapter 11.