U.S. Supreme Court spurns McKinsey & Co appeal in bankruptcy conflicts case
Written by Black Hot Fire Network on October 11, 2022
Oct 11 (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 consulting firm of concealing potential conflicts when seeking permission from bankruptcy courts to perform lucrative work on corporate restructurings.
The justices turned away McKinsey's request that they . . .