MNK - Hit By Opioid Lawsuits Mallinckrodt Files For Second Bankruptcy In Just Three Years | Benzinga
Mallinckrodt Plc (NYSE: MNK) has taken the next steps to implement the comprehensive financial restructuring plan.
The company and some of its subsidiaries have filed for a second bankruptcy in three years in the U.S., with the newest restructuring plan set to reduce its debt by about $1.9 billion.
The company expects to complete the court-supervised process in the fourth quarter ...