Hints and tips:
...The US Court of Appeals for the Second Circuit in New York on Wednesday overturned a district court’s dismissal of the case, which was brought in 2018 by Jay Alix, founder of the rival restructuring firm...
...A years-long legal battle comes back to bite McKinsey The feud between restructuring specialist Jay Alix and management consultant McKinsey has been a notably bitter one, grinding on for almost four years...
...McKinsey — and Sternfels personally — face a federal racketeering claim brought by Jay Alix, founder of the restructuring consultancy AlixPartners, who alleges that McKinsey hid conflicts of interest to...
...Jay Alix, a rival US restructuring specialist, has also alleged conflicts of interest in the consultancy’s advice to companies going through insolvency, noting that its internal fund had invested in some...
...But some of McKinsey’s newer activities have dragged him into controversies: last year, he was called to testify in litigation brought by the restructuring specialist Jay Alix — the founder of rival consultancy...
...This is a guest post by Jay Alix and Richard Gitlin, which argues governments need to establish dedicated restructuring agencies to help economies whether the coronavirus storm....
...“McKinsey categorically denies Jay Alix’s baseless allegations about its work,” a spokesman for McKinsey said in a statement. “No court has made a finding to support Alix’s allegations....
...Jay Alix, the founder of the operational consulting firm AlixPartners did not get that memo....
...The case arose from allegations made by Jay Alix, a prominent US restructuring specialist, about McKinsey’s conduct in advising companies going through insolvency, including claims that the firm advised...
...Tuesday’s settlement comes after a high profile 2018 lawsuit filed by Jay Alix, founder of McKinsey rival consultant AlixPartners, that also alleged McKinsey failed to disclose its web of potentially conflicting...
...The 285 page lawsuit filed by prominent turnaround artist Jay Alix against prestigious consultancy, and closet hedge fund, McKinsey, can be found here....
...Jay Alix, who founded consulting firm AlixPartners in 1981, on Wednesday filed a federal racketeering lawsuit in the Southern District of New York alleging that McKinsey “knowingly and intentionally submitted...
...(click on the image above to read the full complaint ) McKinsey, the largest and most prestigious of the “big three” consulting firms, said: “This action is the latest attempt by Jay Alix and AlixPartners...
...Alix Partners, the management consultants administering the Oliver group’s CVA, was less circumspect....
...AlixPartners, headquartered in the US, was founded in 1981 by Jay Alix, the corporate turnaround specialist who still has a shareholding in the business. It now employs 900 people globally....
...Jay Alix, who founded the group in 1981, will maintain a “substantial minority interest”, while the 125 managing directors at Alix will hold “a considerable equity stake in the enterprise”, CVC said....
International Edition