McKinsey Employees Voiced Concerns Over Disclosing Client Names

McKinsey & Co.’s decision to enter the disclosure-heavy world of Chapter 11 bankruptcy advising triggered some partners’ concerns about jeopardizing client confidentiality in other parts of the consulting giant, according to statements revealed in a recent trial.

In a trial in Houston that began Feb. 5, McKinsey defended itself against a competitor’s claim that its restructuring unit, McKinsey RTS, concealed self-enriching conflicts of interest to secure lucrative Chapter 11 advisory work for Westmoreland Coal Co.

U.S. bankruptcy law requires restructuring advisors to disclose their business connections to creditors and other stakeholders of their bankruptcy clients.

Counsel for the competitor, Jay ...