EIP’s plan of reorganization

Endo, Inc., a newly formed entity, has successfully completed the previously announced acquisition of substantially all of the assets of Endo International plc ("EIP"), as contemplated under EIP's plan of reorganization (the "Plan"). With the Plan's effectiveness, EIP's operating assets have exited the Chapter 11 financial restructuring process with significantly reduced outstanding indebtedness and resolution of EIP's pre-bankruptcy litigation overhang.

The Endo Board of Directors is comprised of seven members, including six independent directors.

Endo is currently a privately held company but has begun the process of listing its equity on a national stock exchange.

Stikeman Elliott acted as Canadian counsel to a syndicate of first lien creditors of EIP with a team that includes Guy Martel, Joseph Reynaud, Nathalie Nouvet, Danny Duy Vu, Amara Khy, Khaoula Bansaccal (Litigation); Claire Zikovsky, Francis Blais-Lord (Corporate); Frank Mathieu, Jean-Guillaume Shooner, Jinnie Liu (Tax); Eveline Poirier, Charif El-Khouri, Juliette Bousquet (Employment), Michel Legendre (Benefits); Michael Laskey; Peter Flynn (Competition); Ryan Sheahan (Health Regulatory); Danielle Miller Olofsson (Privay); Myriam Fortin (Environment), Lyne St. Pierre (Paralegal).