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Updated indictment sheds new light on Abraaj case

The document paints a picture of deceit, bribery and personal enrichment at the collapsed emerging markets firm.
Tram running on City Circle line of Sydney Light Rail

Sydney Light Rail legal disputes settled with revised PPP

ALTRAC consortium will inject ‘substantial additional equity’ into the city’s troubled transport project, as Acciona agrees to withdraw its A$1.1 billion legal claim.

A courtroom drama that will turn up the due diligence heat

As the Abraaj case plays out in the criminal courts, the impact on private equity investors and the GP-LP relationship will become palpable.

Unfazed by legal action, TransAlta investors elect management’s preferred board

Shareholders in TransAlta Corporation have backed its management by electing its preferred board of directors. The vote took place after an investor brought a legal challenge to the company’s C$750 million ($557.5 million; €838.8 million) deal with Brookfield Asset Management. TransAlta, one of Canada’s largest power producers, issued a statement on 26 April in which […]

IFM Investors settles sexual harassment case for £270,000

Settlement exceeds the £236,000 that former analyst Nathalie Abildgaard had been seeking at employment tribunal.
Tram running on City Circle line of Sydney Light Rail

Sydney Light Rail’s troubles call PPPs into question

The Public Accountability Committee recommends review following legal dispute between the contractor and the client over costs associated with relocating utilities.

Abraaj dispute prompts lenders to close fund finance loophole

Banks are changing the way security notices are issued to LPs following the firm's collapse.

How Blackstone’s chief counsel puts tech to work

The firm’s chief legal officer John Finley talks SEC settlements and artificial intelligence.

Norton Rose Fulbright hires veteran lawyer to focus on PPPs

Global law firm Norton Rose Fulbright has hired veteran project finance lawyer Douglas Buchanan to co-head its North American infrastructure practice as it plans to expand its focus on public-private partnerships. Buchanan will serve as senior counsel for Norton Rose Fulbright in North America, working alongside co-heads Doug Fried in the US and Greg Lewis […]

Italy’s tragedy could become a litmus test for how populists deal with the private...

With the blame game in full swing, the country’s new government has not hesitated to politicise the Morandi Bridge collapse.
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