Hedge fund Mason Capital Management has accused law firm Kirkland & Ellis of providing conflicted legal advice in a high-profile dispute involving the Abu Dhabi Investment Council (ADIC) and private equity firm Energy & Minerals Group (EMG), according to a report by the Wall Street Journal.
The allegations relate to a proposed continuation fund transaction for US natural gas producer Ascent Resources, which is controlled by EMG. In December, ADIC accused EMG of seeking to benefit at the...
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