A Toxic Mix: Opioid Victims’ $1BN Hit From Repeat Pharma Bankruptcy

“The bankruptcy system has left victims with a fraction of the compensation they would have been entitled to outside of bankruptcy,” said Joseph Steinfeld, a lawyer who represents thousands of individual victims of Mallinckrodt opioids. “Worse, they have no real power to object when creditors, who have a higher priority, can cram down their recoveries to next to nothing.”