AlixPartners has been involved in several high-profile turnaround and bankruptcy assignments including GM's Saab division,[12] Kodak,[13] Barney's New York,[14] and JC Penney.

[20] That year, CVC Capital Partners agreed to sell its stake in AlixPartners to company founder Jay Alix as well as Caisse de dépôt et placement du Québec, Public Sector Pension Investment Board, and Investcorp.

Once hired by William Morris, AlixPartners was responsible for finding $120 million in cost-cutting measures for IMG before the two agencies merged.

[33] AlixPartners helped Ukrainian bank PrivatBank recover over $5 billion in assets allegedly stolen by former shareholders in 2016.

[35] The company also worked alongside Quinn Emanuel Urquhart & Sullivan and Niederer Kraft Frey in a case against Julius Baer, providing forensic services for an investigation into potential anti-money laundering and US sanctions violations.

[36] AlixPartners has advised numerous companies affected by the COVID-19 pandemic on debt management and restructuring, including Arabtec Holding, Cineworld, and JCPenney.

[2] In 2014, AlixPartners accused several executives exiting the firm to join McKinsey & Company of stealing trade secrets.

[39] In 2018, AlixPartners founder Jay Alix brought a lawsuit against McKinsey & Company, accusing the management consulting firm of misleading the bankruptcy courts about conflicts of interest.

[40] As of August 2023, McKinsey had lost its bid to end the racketeering litigation brought by Jay Alix.