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Alix vehicle and McKinsey go to mediation over disclosure allegations

By Douglas Thomson

18 January 2019

Alix vehicle and McKinsey go to mediation over disclosure allegations The disputes between Alix and McKinsey have disrupted the bankruptcy proceedings for coal miners Westmoreland and Alpha Natural Resources / istock.com/agnormark

Bankruptcy courts in Texas and Virginia have jointly ordered the restructuring arm of McKinsey and a special purpose vehicle belonging to AlixPartners founder Jay Alix to mediation, over Alix’s allegations that McKinsey concealed disqualifying financial interests before taking on restructuring instructions.