On 5 September 2019, Bloomberg reported that Mallinckrodt PLC (Mallinckrodt, Company) has hired restructuring advisers. The hiring comes as Mallinckrodt looks to navigate near-term maturity and financial uncertainty from opioid litigation. The Company is currently exploring all strategic options, including filing for Chapter 11 bankruptcy protection.
On 5 September 2019, Bloomberg reported that Mallinckrodt PLC (Mallinckrodt, Company) has hired restructuring advisers. The hiring comes as Mallinckrodt looks to navigate near-term maturity and financial uncertainty from opioid litigation. The Company is currently exploring all strategic options, including filing for Chapter 11 bankruptcy protection.
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