Hilary Swank Reportedly Axed By PR Team Over Chechnya Debacle

11/4/2011 6:15 AM PDT

Ya hang out with one blood-thirsty warlord ... and your whole life falls apart ... so seems to be the story with Hilary Swank.

The 2-time Oscar winner was dropped by her publicity team at the fancy 42West public relations company over a disagreement on how best to handle the mess caused by her appearance at a birthday party for Chechen president Ramzan Kadyrov last month ... this according to EW.com.

As TMZ previously reported, Swank gave a big 'ol speech at the Oct. 5 event ... bragging about how she did her "research" about the president before she hit the stage that night. 

After the media pointed out that Kadyrov has been accused of participating in scores of bad things ... including the brutal murders of his political rivals ... she reportedly fired her manager and released a statement saying, "If I had a full understanding of what this event was apparently intended to be ... I would never have gone."