Neiman Marcus Group, Inc. and related entities have been charged in the District Court of Dallas County, Texas with, among other wrongdoings, the fraudulent transfer of assets totaling approximately $1 billion of value for no consideration. These...
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December 11, 2018, 08:21 AM
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As previously disclosed by Albertsons Companies, Inc., outside counsel to the company’s wholly-owned subsidiary, Safeway Inc., has received letters from a law firm purporting to represent holders of the 7.25% Senior Debentures due February 2031...
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November 12, 2018, 07:00 AM
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Attorneys for consulting giant McKinsey & Co. are asking a federal judge to dismiss what they say is a baseless lawsuit against the firm filed by one of its largest competitors. As ABL Advisor reported in May, Jay Alix, founder of the turnaround...
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August 06, 2018, 08:00 AM
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Wells Fargo & Company announced the class-action lawsuit settlement concerning improper retail sales practices (Jabbari v. Wells Fargo Bank, N.A.) received final approval in a June 14 order from the U.S. District Court for the Northern District of...
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June 18, 2018, 07:18 AM
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Jay Alix, the founder of one of the world's largest turnaround firms, AlixPartners, is accusing one of his company’s main competitors of engaging in unfair business practices and multiple criminal violations that resulted in significant losses to his...
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May 11, 2018, 08:02 AM
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