Search results
In 2018, AlixPartners founder Jay Alix brought a lawsuit against McKinsey & Company, accusing the management consulting firm of misleading the bankruptcy courts about conflicts of interest. As of August 2023, McKinsey had lost its bid to end the racketeering litigation brought by Jay Alix.
Jay Alix is a noted philanthropist and founder of the turnaround consulting firm, AlixPartners, the global advisory firm and industry standard for providing comprehensive solutions for companies facing complex operating, financial, legal and restructuring challenges.
Jay Alix founded AlixPartners in Detroit in 1981, quickly building a reputation for innovation in the restructuring industry.
Apr 11, 2019 · Jay Alix is waging a court battle against the powerful advisory firm. McKinsey says he’s just a disgruntled competitor.
Oct 30, 2013 · Author Jay Alix, one of the most respected experts on corporate bankruptcy in America, was the architect of that plan, and now, for the first time, he reveals How General Motors Was Really Saved.
At the age of 25, just a few years out of college, he founded his own business, Jay Alix, CPA PC, a corporate turnaround firm. Success followed. The firm evolved into Jay Alix & Associates, and at 31, he turned around Phoenix Steel Corp., the oldest steel company in the country.
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.
Jan 19, 2022 · Restructuring guru Jay Alix can pursue federal racketeering claims against McKinsey & Co. for allegedly concealing conflicts of interest to secure lucrative corporate bankruptcy work, the Second Circuit ruled.
Oct 30, 2019 · ROCHESTER, Minn. — After giving $200 million to Mayo Clinic — the largest gift in the organization's history — noted philanthropist Jay Alix has extended his generosity with an additional $15 million endowed gift.
Jan 6, 2020 · January 6, 2020 —Jay Alix is the founder, board member, and largest shareholder of AlixPartners, a competitor of McKinsey’s bankruptcy affiliate in providing corporate restructuring advice to clients.
