周二在周二结束了周二的周二延迟跳跃和全球咨询公司之间的长期战斗,当时破产法则在一年多的审判中批准了一个在Covid-19大流行期间的虚拟审判中的解决方案。
Houston federal bankruptcy judge David Jones, who has been overseeing the Westmoreland Coal bankruptcy case, approved a settlement between McKinsey and the U.S. Trustee, a Justice Department watchdog, in which the consultancy agreed to forgo $8 million in fees it would have received for representing Westmoreland as its advisor. McKinsey agreed to withdraw its application to represent Westmoreland in bankruptcy instead of continuing with the trial that delved into its bankruptcy advisory practices, whichAlix.据称是非法的。
作为和解的一部分,美国受托人同意反对麦肯锡的披露并未遵守威斯马尔兰案件的披露。Alix不是解决的派对,但他仍然赢得了胜利。
“我们赢了”,Alix在审判令后的一封电子邮件中。Alix是Alix Partners的退休创始人,竞争破产咨询任务与麦肯锡。多年来,Alix声称巨头咨询公司因未破产规则有关潜在冲突的披露而创造了一个不均匀的竞争领域。
阿里克斯在很大程度上专注于潜在的冲突在麦肯锡重组子公司的破产客户之间及其投资武装伙伴之间的破产客户 - 投资公司的合作伙伴和员工。
[II深潜水:故事麦肯锡不想写]
“通过迫使麦肯锡从威斯尔兰退出威斯马尔兰诉讼,我们实现了我们的目标 - 揭露麦肯锡的非法披露实践”,“阿克斯·谁呼吁和解”为美国破产制度的伟大胜利“。
由于Alix在几个案件中开始了许多人士诉讼,因此麦肯锡已达到其破产咨询工作的4000万美元的定居点。
仅凭威斯尔兰诉讼导致了至少1300万美元的制裁和豁免,包括早期500万美元的罚款。
“Thanks to our ongoing litigation to shed light on McKinsey’s illegalities, McKinsey now holds the all-time record for the five highest sanctions in bankruptcy history ($17.5 million in SunEdison; $8.0 million in Westmoreland; and $15 million for the ANR, SunEdison, and Westmoreland cases),” Alix said in the email.
“我们得到了我们想要的,”他补充道。“我们将在未来的情况下密切关注麦肯锡。”
然而,Alix的投资公司 - 马弓价值合作伙伴,诉讼党 - 要求法官做的不仅仅是接受和解。
“The commitment to future compliance in the proposed settlement consists of yet another vague promise (in a long series of broken promises) that, in the future, McKinsey’s disclosures will ‘include’ ‘affiliate connections’ and “confidential client connections’,” Mar-Bow explained in an objection to the settlement filed just one day before Tuesday’s hearing. For one thing, the proposed settlement made no promises of disclosure regarding MIO, it noted.
在法庭申请中,麦肯锡称,通过几个月的调解达成,是它与美国受托人之间的争议的“诚信,公平,合理的妥协”。它补充说,“协议不构成麦肯锡或其任何雇员,官员,董事或代理人的责任,不法行为或不当行为。”
麦肯锡北美主席加里·佩德斯表示,“该协议反映了麦肯锡愿意在申请威斯马尔兰案件的披露之后采取美国受托人发布的新指导,并愿意前进。”
但是Pinkus无法帮助在Alix和他的“无理取闹和自助诉讼”中挖掘。他指出,Alix“失去了迄今为止由法院决定的麦肯锡的所有六个案例。”
Mar-Bow, preferring that the trial continue, asked that any settlement require McKinsey to disclose all of the firm’s connections to a proposed bankruptcy advisory client, including MIO disclosures, as well as a requirement for software to check for such connections, along with enforcement and monitoring.
但琼斯法官表示,尽管他挥之不去的问题,但他不能比他面前的解决方案进一步。
“我无法撤消我所听到的所有事情,”他说,补充说他会继续“被我所听到的事情困扰”并称之为“不满意”的决议。
在听证会期间,Aean O'Shea是Alix的律师表示,他担心Sollestement只是“踢掉了路上的路”,“我们觉得我们会再次出现”。
“我的客户不想成为私人律师将军,彻底审判麦肯锡在检查中,奥尔西说。
琼斯法官也似乎认为它可能不是结束。
“我希望麦肯锡管理能够实施有所作为的变化。“我不想再这样做了,”他说。
由于许多破产案件在德克萨斯州南部地区提交,他警告说,“如果它再次发生,它会回到我身边......我会完成开始的东西......这并不是威胁......这是一个承诺。”