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Mallinckrodt PLC, In re

Mallinckrodt PLC, In re

Ruling
Creditor’s right to future royalty payments was contingent on debtor’s sales exceeding $10million annually and was unliquidated in amount, so it qualified as a contingent,unliquidated claim. (3d Cir.)
Issue(s)
Definitions; “Claim”; Right to Payment.

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Judge or Jurisdiction information not available
Commercial opinion summary, case decided on April 25, 2024 , LexisNexis #0624-076