World News
rskn
•
1y ago
•
100%
Mallinckrodt may renege on $1.7 billion opioid settlement
https://www.npr.org/2023/06/12/1181684340/drug-maker-mallinckrodt-may-renege-on-1-7-billion-opioid-settlement"It could be devastating," said Joseph Steinfeld, an attorney representing individuals harmed by Mallinckrodt's pain medications. "It potentially could wipe out the whole settlement."
...
If Mallinckrodt files a second bankruptcy, payouts would likely go first to company executives, staff and other creditors, with opioid-related claims paid out last.
Comments 4