Considerations for Fund Managers and Investors in Light of EMG Litigation

On this Ropes & Gray podcast, partners Bil Davison and Adam Dobson are joined by counsel Kevin White to discuss recent high-profile litigation involving Energy & Minerals Group’s (EMG’s) single asset continuation vehicle transaction. The conversation explores how this litigation highlights the complexities and conflicts of interest inherent in GP-led continuation vehicle deals, focusing on the importance of transparency, parity of information, and robust LPAC involvement. The team analyzes the implications of this litigation for fund managers, buyers, and investors, highlighting best practices for communication and process integrity. Listeners will gain valuable insights into navigating the evolving landscape of continuation vehicles and the lessons learned from the EMG case.