McKinsey & Co., Inc., et al., Petitioners v. Jay Alix
Case Number:
21-1608
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Nature of Suit:
Firms
Companies
Sectors & Industries:
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October 14, 2022
Alex Jones' Billion-Dollar Penance, Puerto Rico Prunes Debt
Conspiracy theorist Alex Jones' podcast company is headed toward Chapter 11 mediation after a $965 million defamation damages judgment, Puerto Rico takes another step in restructuring the island's public debt, and the U.S. Supreme Court remanded issues over an increase in trustee fees to the Second Circuit. This is the week in bankruptcy.
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October 11, 2022
High Court Won't Hear McKinsey Bankruptcy Fraud Suit
The Supreme Court on Tuesday declined to consider letting McKinsey & Co. off the hook over accusations from the now-retired founder of AlixPartners LLP that McKinsey intentionally skirted bankruptcy rules by not revealing disqualifying conflicts of interest in major restructuring cases.