Mallinckrodt PLC, In re--Opioid Master Disbursement Trust II v. Covidien Unlimited Co.
Aug
20
2025
Ruling
Summary judgment on opioid disbursement trust’s claims denied as parent company failed to establish that separation agreement governing spinoff of debtor pharmaceutical business qualified as a securities contract subject to the safe harbor. (Bankr. D. Del.)
Issue(s)
Limitations on Avoiding Powers; Margin or Settlement Payments.
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Court
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