Legal

The president told House Democrats that PPPs will not solve US infrastructure problems, indicating he will extend federal spending instead for his 1$trn infra spend.

The idea that the UK's multibillion pound PFI pipeline will be nationalised is a non-starter. Still, it’s a useful reminder of how hard life would be for private investors under a hard-left government.

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.