Mallinckrodt Files For Chapter 11 Bankruptcy Under Opioid Epidemic Litigation
Mallinckrodt will be paying settlement amounts in instalments over a stretch of several years.
liabilities
Morgan Stanley’s 2020 Compensation Plan To Affect 50% Advisers
Morgan Stanley’s altered payout grid pushes advisers in the lower rung to work harder in 2020 to earn the same amount as they did in 2019.
The Collapse Of Carillion Leaves The U.K. Government With No Choice But To Intervene
After a life span of two hundred years, Carillion dissolved through forced liquidation giving way under “ballooning debt pile” as the U.K. government came to the rescue to “ensure” a continued “public services”.
Toshiba Corp sells its NAND chip business to Bain Capital led consortium for $18 billion
Although the deal brings a much needed closure to Toshiba’s chip business, the jury is still out on Western Digital’s complaint that Toshiba went ahead with the sale without the consent of its joint venture partner. Western Digital Corp has sought an injunction.
