Opioid Victims Blast Mallinckrodt Lenders’ Push to Cut Payouts

A group of opioid victims is calling on Mallinckrodt Plc to honor its legal settlement with them as the drugmaker faces mounting pressure from lenders to skip or renegotiate the payments.

The group, which represents over 60,000 victims, sent a letter seen by Bloomberg News to Mallinckrodt’s board of directors and senior executives on Friday.

Bloomberg reported Friday that some of Mallinckrodt’s lenders want the company to skip or renegotiate an upcoming $200 million payment — its first under a bankruptcy settlement agreement — out of concern it could strain its liquidity. The payment is due June 16.

“If opioid ...