Bloomberg Law
Oct. 11, 2018, 8:21 PM

Mckinsey Calls Alix Lawsuit Over Bankruptcy Work `Meritless’

Tiffany Kary
Tiffany Kary
Bloomberg News

McKinsey & Co. says racketeering and other claims made by the founder of a competitor, AlixPartners LLP, are “meritless,” and seeks to dismiss the latest complaints.

McKinsey’s response filed Oct. 10 addresses a May lawsuit filed by Jay Alix, the founder of competitor AlixPartners LLP. That lawsuit alleges the consulting giant went so far to get ahead in the market for advising bankrupt companies that it engaged in racketeering.

“Alix has aggressively transformed his dispute over the interpretation of a bankruptcy disclosure rule into claims that the entire family of McKinsey companies and seven professionals are racketeers who have engaged ...