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On May 20, 2020, Chief Bankruptcy Judge David R. Jones, sitting in the United States Bankruptcy Court for the Southern District of Texas, issued an opinion finding that retention of financial advisors under the Jay Alix Protocol is “completely unnecessary.”.
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Aug 22, 2023 · McKinsey & Co. lost its bid to end racketeering litigation brought by AlixPartners LLP founder Jay Alix over its alleged scheme to win bankruptcy consulting work by lying in more than a dozen court cases.
- mleonard@bloomberglaw.com
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Oct 11, 2022 · The US Supreme Court declined to take up McKinsey & Co.'s challenge of restructuring expert Jay Alix’s standing to sue the consulting firm for allegedly concealing conflicts of interest in large corporate bankruptcy cases.
- awolf@bloomberglaw.com
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JAY ALIX, Respondent. Sean F. O’Shea Counsel of Record MIchael e. Petrella aManda l. devereux Matthew M. Karlan cadwalader, wIcKerShaM & taFt llP 200 Liberty Street New York, New York 10281 (212) 504-6000 sean.oshea@cwt.com Attorneys for Respondent Jay Alix
Oct 11, 2022 · By Nate Raymond. (Reuters) - The U.S. Supreme Court on Tuesday declined to hear McKinsey & Co's bid to escape a lawsuit by retired turnaround specialist Jay Alix accusing the management...
Jan 19, 2022 · Alix said McKinsey's conflicts of interest should have disqualified it from 13 bankruptcies including American Airlines, food retailer Harry & David and coal producer Alpha Natural Resources,...
This morning, the Second Circuit Court of Appeals issued an opinion vacating District Judge Jesse Furman's ruling dismissing with prejudice Jay Alix’s federal Racketeer Influenced and Corrupt Organizations, or RICO, Act and RICO conspiracy claims against various McKinsey defendants.
