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US Trustee Questioned Over McKinsey’s Conflict Disclosures

Law360 (July 18, 2018, 10:17 PM EDT) -- The director of the federal program that monitors U.S. bankruptcy cases was recently asked by a Republican congressman to answer questions about how his office enforces requirements on professional advisers to reveal conflicts of interest, citing a recent report that McKinsey & Co. has a pattern of making very few disclosures.

House Judiciary Committee Member Andy Biggs, R-Ariz., says he is concerned about the integrity of the U.S. bankruptcy system following a Wall Street Journal investigation into McKinsey and its routine practice of listing far fewer...
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