On January 15, 2021, Buxton Helmsley Group, Inc. issued a letter to Mallinckrodt Plc shareholders expressing utter disdain with management's recent actions relating to their proposed restructuring support agreement terms as part of the Company's voluntary chapter 11 reorganization case pending before the U.S. District of Delaware Bankruptcy Court. Buxton Helmsley stated that it calls to make immediate board and management changes due to management's refusal to respond to shareholder inquiries, offerings of financing opportunities, and that express admission of not attempting many paths to preserve equity. Buxton Helmsley announced that it is calling to remove all directors not in compliance with the corporate governance requirement that mandates they are/were to retain 5 times their annual cash retainer in common stock of the Company, as of the date which the Company filed its voluntary Chapter 11 petition. Buxton is also calling to remove all officers who were not in compliance with the corporate governance requirements surrounding their common stock share ownership requirements as of the petition date. Buxton Helmsley stated that it is also calling to remove all officers who were not in compliance with the corporate governance requirements surrounding their common stock share ownership requirements as of the petition date. That would include the removal and replacement of Chief Executive Officer Mark Trudeau, who held a mere 228,384 shares as of the Chapter 11 petition date, despite being required to hold five times his annual salary in common stock of the Company.