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Mallinckrodt Lenders Pitch Restructuring as Opioid Payment Nears

A group of first-lien lenders to Mallinckrodt Plc has pitched a proposal to the drugmaker that would allow them to bid for the company’s assets through another bankruptcy as a $200 million payment owed under its settlement in the opioid crisis comes due, according to people familiar with the matter.

How Aviation Is Trying to Clean Up Its Dirty Image: QuickTake

With the UN’s International Civil Aviation Organization forecasting that aviation emissions could triple by 2050 from their 2015 level, some countries are taking action by outlawing short flights where rail is a viable alternative. Now the clock is ticking for the aviation industry to decarbonize or face further restrictions on its growth.

Skadden Forces Lawyers Back to Offices Four Days Per Week

Skadden, Arps, Slate, Meagher & Flom is requiring lawyers to show up in the office four days per week, the law firm confirmed. Skadden lawyers must work in person Monday through Thursday, under the new policy. The elite New York firm previously required attorneys to be in offices Tuesday through Thursday.

PFAS: The 'Forever Chemicals'

The EPA says more than 600 PFAS chemicals are in the marketplace in the U.S. While states are racing to regulate PFAS, while the federal government lags.