Saturday, November 9, 2019

McKinsey faces criminal inquiry over bankruptcy case conduct

Prosecutors and other Justice Department officials in New York and Washington are trying to determine if McKinsey used its influence over insolvent companies in violation of the rules of Chapter 11 bankruptcy by quietly steering valuable assets to itself or favoring its own clients over other creditors.

from Banking/Finance-Industry-Economic Times https://ift.tt/32AFVVg

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