ARE YOU KIDDING ME?!!

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anonymous said:
There are different types Of bankruptcies, chapter 11 is usually related to business that plans to file, reorganize, and then resume business. But that is usually done when a company has enough capital to raise to enable them to refinance their debt obligations. With mnk low market cap and total debt, cms judgement obligation, and opiod settlement obligation, there just any way for them to reorganize their way out of this. Their filing bankruptcy will not be a reorganization but more of a belly up cant pay debt we’re toast. And remember, the company match in your 401k may be subject to government seizure if it is need be to settle financial obligations in any ruling against them. Don’t believe me? Just ask your company that manages your plan.
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anonymous said:
There are different types Of bankruptcies, chapter 11 is usually related to business that plans to file, reorganize, and then resume business. But that is usually done when a company has enough capital to raise to enable them to refinance their debt obligations. With mnk low market cap and total debt, cms judgement obligation, and opiod settlement obligation, there just any way for them to reorganize their way out of this. Their filing bankruptcy will not be a reorganization but more of a belly up cant pay debt we’re toast. And remember, the company match in your 401k may be subject to government seizure if it is need be to settle financial obligations in any ruling against them. Don’t believe me? Just ask your company that manages your plan.
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Not true in reference to the 401k company match seizure. Once it’s in your account and you are vested-it’s yours. That’s not to say they couldn’t change the match amount or cease it while working through the bankruptcy.
 






So, excluding the investors call, has Marky Mark told all of Mallis's employees that Chapter 11 bankruptcy is a definite for September? If so, is it the entire company or will the Acthar division be spared? How about a straight answer?
 






anonymous said:
So, excluding the investors call, has Marky Mark told all of Mallis's employees that Chapter 11 bankruptcy is a definite for September? If so, is it the entire company or will the Acthar division be spared? How about a straight answer?
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There has been no straight answer, but all of the discussion from the town halls tell me bankruptcy for the entire company (sorry, “WholeCo”) will happen soon. I say in September before 3Q ends.

I also believe that when Mallinckrodt is in bankruptcy, they will sell Generics to Kodak before 2020 is done. Shows what I think, right?
 






anonymous said:
Not true in reference to the 401k company match seizure. Once it’s in your account and you are vested-it’s yours. That’s not to say they couldn’t change the match amount or cease it while working through the bankruptcy.
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Just a suggestion to you since you, why don’t you call the plan administrators like I did (not the company adm) and ask. Don’t speak about that which you haven’t sought the answer. Anytime ANY company’s employees reap benefits from illegal activities of a company, those benefits that were paid can be part of any settlement.
 






anonymous said:
Just a suggestion to you since you, why don’t you call the plan administrators like I did (not the company adm) and ask. Don’t speak about that which you haven’t sought the answer. Anytime ANY company’s employees reap benefits from illegal activities of a company, those benefits that were paid can be part of any settlement.
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What year did you get your law degree? I’ve consulted with an attorney with experience in bankruptcy, criminal & civil litigation and you would be ill informed. I’m sure the plan’s administrator gave you a generic answer. Under your line of thinking-we would also have to forfeit our salaries. (Even tho I never did anything illegal nor sold an opioid? Where is my due process if they’re confiscating my 401k?) Are they putting liens on the homes of every MNK employee past and present to recoup this money? Also, what illegal activity has MNK been charged with? Finally, bankruptcy courts are responsible for managing & discharging debts-not penalizing alleged illegality. But you believe what you want...
 






Well..if Malli does not file for bankruptcy, you contacted your attorney for nothing. Malli is blowing smoke up everyone's asses..Have they ever told the truth ever? Ahhhh NOPE...so why believe them now? They publically announced that they were just going to claim bankruptcy for only the opioid side. They also announced a new "spin off" company. They also announced that they were going to make a generic Acthar. Did they? Nope. The list goes on and on. It is and was lie after lie after lie. If they do claim Chapter 11, this would be the first time that Malli has ever told the public or employees the truth.
 






anonymous said:
Well..if Malli does not file for bankruptcy, you contacted your attorney for nothing. Malli is blowing smoke up everyone's asses..Have they ever told the truth ever? Ahhhh NOPE...so why believe them now? They publically announced that they were just going to claim bankruptcy for only the opioid side. They also announced a new "spin off" company. They also announced that they were going to make a generic Acthar. Did they? Nope. The list goes on and on. It is and was lie after lie after lie. If they do claim Chapter 11, this would be the first time that Malli has ever told the public or employees the truth.
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True. Can’t really dispute this.
 












You hired a lawyer. Lol. Ok hot shot. Good luck. Lawyers are only worth the path they see. Look at our useless lawyers. No path. And they overpaid for lots of jibberis. We ended up paying and probably paid their legal fees. Lawyers aren’t that bright. Get that through your head.
 






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