Mallinckrodt plc

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Case overview

Case Number:

1:20-bk-12522

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

April 03, 2024
Claims Acquirer Denied Share Of Mallinckrodt Ch. 11 Trust

A Delaware bankruptcy judge ruled an assignee of claims from insurance companies against the opioid trust established in Mallinckrodt PLC's Chapter 11 case can't collect on them because the bankruptcy plan specifically prevents that.
April 01, 2024
Bankruptcy Court OKs $57.4M Mallinckrodt Superfund Deal

A Delaware bankruptcy judge approved a roughly $57.4 million settlement between drugmaker Mallinckrodt and the U.S. government to settle claims over the cleanup costs of a Superfund site in an Illinois federal wildlife refuge
February 15, 2024
Court Mulls If Claims Buyer Qualifies For Special Ch. 11 Trust

A Delaware bankruptcy judge on Thursday considered whether a company that pursues claims on behalf of medical insurers and healthcare organizations can be paid from a specialized opioid trust created by the 2022 Chapter 11 plan of Irish pharmaceutical company Mallinckrodt PLC.
January 05, 2024
Opioid Trust Isn't For Care Claims Trader, Trustee Argues

A healthcare recovery and data company shouldn't be able to transact claims made against an opioid trust in Mallinckrodt's Chapter 11 bankruptcy, a trustee in the case has argued, telling a Delaware federal court that the trust is limited only to insurers and other providers of healthcare benefits.
May 31, 2023
Mallinckrodt Can't Get Out Of Manhattan Project Waste Suit

A Delaware bankruptcy judge on Wednesday denied drugmaker Mallinckrodt's request to be released from a lawsuit over nuclear waste it produced 80 years ago as a contractor on the Manhattan Project, saying the suit does not violate a provision in the company's Chapter 11 plan.
April 20, 2023
Mallinckrodt Trust Can't Be Used To Pay Attys In Opioid MDL

Local Texas governments can't draw from an opioid claims trust established in drugmaker Mallinckrodt's Chapter 11 plan to pay legal fees incurred in state multidistrict opioid litigation, a Delaware bankruptcy judge said Wednesday.
April 11, 2023
Mallinckrodt Wants Out Of Manhattan Project Waste Suit

Drugmaker Mallinckrodt PLC Tuesday asked a Delaware bankruptcy judge to rule that the Chapter 11 plan he approved for the company last year releases it from a lawsuit over nuclear waste it produced 80 years ago as a contractor on the Manhattan Project.
December 08, 2022
Texas AG Says Mallinckrodt Trust Can't Be Used For Atty Pay

The Texas Office of the Attorney General told a Delaware bankruptcy judge Thursday it may ask him to rule against a request to pay attorney fees in Texas opioid multidistrict litigation out of the opioid claims trust established in the Mallinckrodt Chapter 11 plan.
October 21, 2022
Navient Collections Halted, Mallinckrodt Faces $1.6B Suit

Navient Solutions is appealing a nationwide injunction barring it from collecting on certain student loans discharged through bankruptcy, Mallinckrodt creditors are suing for the return of $1.6 billion used to buy back shares pre-bankruptcy, and liquidators for crypto hedge fund Three Arrows Capital want to serve subpoenas via Twitter. This is the week in bankruptcy.
October 18, 2022
Mallinckrodt Trust Sues To Recover $1.6B Share Buyback

A litigation trust formed under opioid distributor Mallinckrodt PLC's now-confirmed Delaware Chapter 11 has sued to claw back proceeds from nearly $1.6 billion in pre-bankruptcy share repurchases, carried out as the company's liability for the opioid epidemic swamped its total worth.

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