Skip to Main Content

WSJ Quotes Kevin Maclay on Mallinckrodt Bankruptcy

October 14, 2020, The Wall Street Journal

Mallinckrodt PLC said Wednesday it aims to broaden support for a proposed bankruptcy restructuring and $1.6 billion settlement of opioid-related litigation, while representatives for some counties, tribes and lenders said they have problems with how the drugmaker wants to reorganize.

. . .

Kevin Maclay, a lawyer representing more than 1,300 cities, counties, tribes and other governmental units across 38 states, said his clients have been forced to litigate against Mallinckrodt and other companies to obtain compensation for the opioid crisis and addiction in their communities.

Mr. Maclay said he has "numerous and substantial concerns about various aspects" of the proposed restructuring and will spend the next two weeks working with Mallinckrodt trying to address them.

Kevin Maclay is a Member of the Complex Litigation and Bankruptcy practice groups at Caplin & Drysdale, Chartered.

For the full article, please visit The Wall Street Journal PRO's website (subscription required).


About Caplin & Drysdale
Celebrating our 55th Anniversary in 2019, Caplin & Drysdale continues to be a leading provider of legal services to corporations, individuals, and nonprofits throughout the United States and around the world. We are also privileged to serve as legal advisors to accounting firms, financial institutions, law firms, and other professional services organizations.

The firm's reputation over the years has earned us the trust and respect of clients, industry peers, and government agencies. Moreover, clients rely on our broad knowledge of the law and our keen insights into their business concerns and personal interests. Our lawyers' strong tactical and problem-solving skills -- combined with substantial experience handling a variety of complex, high stakes, matters in a boutique environment -- make us one the nation's most distinctive law firms.

With offices in New York City and Washington, D.C., Caplin & Drysdale's core practice areas include:
For more information, please visit us at
Washington, DC Office:
One Thomas Circle NW
Suite 1100
Washington, DC 20005
New York, NY Office:
295 Madison Avenue
12th Floor
New York, NY 10017


This communication does not provide legal advice, nor does it create an attorney-client relationship with you or any other reader. If you require legal guidance in any specific situation, you should engage a qualified lawyer for that purpose. Prior results do not guarantee a similar outcome.

Attorney Advertising
It is possible that under the laws, rules, or regulations of certain jurisdictions, this may be construed as an advertisement or solicitation.
© 2022 Caplin & Drysdale, Chartered
All Rights Reserved.

Related Professionals

Related Practice Area(s)