McKinsey & Co. will embark on a trial to quash a competitor’s claims that it concealed self-enriching conflicts of interest, a reputational fight that a judge said could be “the ultimate career ender” for some who are involved.
Jay Alix, the retired founder of rival restructuring firm AlixPartners, has put legal pressure on the consulting giant over its role in Westmoreland Coal Co.'s Chapter 11 case, part of his relentless campaign to disqualify McKinsey in the competitive restructuring business.
McKinsey RTS, the restructuring unit, is expected to contend in its opening arguments Wednesday in the Houston-based U.S. Bankruptcy Court for ...