Alix-McKinsey Legal War Forges Ahead After Tossed Litigation (1)

July 9, 2020, 5:23 PM UTCUpdated: July 9, 2020, 6:48 PM UTC

Corporate restructuring veteran Jay Alix’s multipronged fight against rival McKinsey & Co. has narrowed after a federal court tossed his two-year effort to bring racketeering claims on the consulting giant.

Pursuing civil claims often levied at organized crime may have been one of the more difficult of Alix’s attempts to prove that McKinsey flouts federal disclosure rules in large bankruptcy cases in order to hide disqualifying conflicts of interest.

Alix, who’s retired but owns a 35% stake in corporate restructuring firm AlixPartners, likely has his best shot in his ongoing trial against McKinsey in a bankruptcy court in Texas on ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.