Mallinckrodt (MNK) intends to initiate voluntary prepackaged Chapter 11 proceedings in the U.S. Bankruptcy Court streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Mallinckrodt PLC said Wednesday it has entered a Restructuring Support Agreement with most of its first and second lien debtholders and the Opioid Master.
Agreement Supported by a Substantial Majority of Each of its First and Second Lien Debtholders and Opioid Trust Financial Restructuring Plan to Significantly.