Legal

There are pros and cons to paying a ransom and a firm’s decision should be included in its cybersecurity policy.

Brexit will have implications for loan-originating fund structures but they may not be too dramatic, according to Patricia Volhard of Debevoise.

The agency said the Swiss firm ‘improperly allocated’ almost $1.3m of expenses to the vehicle it managed until 2014.

Australian watchdog FIRB made waves when it advised against Chinese-backed bids for NSW electricity network Ausgrid. But board member Patrick Secker says the country is very much open for business.

A major hurdle standing in the way of Brookfield’s $2.5bn purchase of TerraForm Global and Power was cleared when a court approved a settlement between SunEdison and its yieldco.

The Australian fund manager is taking action against the local utility for lack of disclosure during the 2015 sale process of the A$1.78bn plant.

Interest deductibility could allow companies with sizeable overseas assets to bring cash back to the US and spend big on infrastructure, lawyers at Debevoise said.

The proposed £2bn Neart na Gaoithe offshore wind farm was favoured in its dispute with the UK’s LCCC, but its developer is awaiting a ruling on an appeal over government consents.

Sang-Hyun Yoo's departure comes amid a wave of resignations at the pension fund and following investigations related to a corruption scandal.

Brookfield, which led a consortium to purchase a 90% stake in the natural gas network, expects appeals to be imminent.