Partners, Brookfield Property Partners, and Brookfield Business Partners. In August 2018, Brookfield purchased Westinghouse Electric Company, a manufacturer of large nuclear reactors, out of bankruptcy for $4.6 billion. On March 13, 2019, Brookfield Asset Management announced that it had agreed to buy most of Oaktree Capital Management for about $4.7 billion, creating one of the world's largest alternative money managers. On July 31, 2019, the sale of Vodafone New Zealand Limited to a consortium comprising Infratil Limited and Brookfield Asset Management Inc. was settled. In a deal in October 2019, Brookfield bought The Leela Palaces, Hotels and Resorts, an Indian luxury hotel chain located in New Delhi, Bengaluru, Chennai, Udaipur, in a US$530 million settlement, marking the entry of Brookfield in India's hospitality market. In 2020, in response to the COVID-19 pandemic, Brookfield's CEO Bruce Flatt assessed that the economic fallout was "much more manageable" than previous meltdowns. In October 2020, Mark Carney, departing Governor of the Bank of England, became a vice-chair of Brookfield, leading the firm's environmental, social and governance (ESG) and impact fund investment strategy. On April 25, 2022, it was announced the Brookfield and Simon Property Group were set to offer to buy Kohl's. In August 2022, Intel signed a $30billion partnership with Brookfield to fund its recent factory expansions. As part of the deal, Intel would have a controlling stake by funding 51% of the cost of building new chip-making facilities in Chandler, Arizona, with Brookfield owning the remaining 49% stake, allowing the companies to split the revenue from those facilities. On December 9, 2022, the company's name was changed from Brookfield Asset Management Inc. to Brookfield Corporation. Brookfield Corporation then spun-off 25% interest in their asset management business into the new publically listed Brookfield Asset Management Ltd. Reactions and lawsuits In September 2010, a group called Birch Mountain Shareholders for Justice filed a lawsuit with the Ontario Superior Court of Justice against Brookfield Asset Management, challenging an acquisition and transfer of assets. Birch Mountain had run into financial troubles and accused Brookfield of financial engineering that resulted in Brookfield acquiring the company's $1.6 billion limestone quarry for $50 million. According to Birch Mountain, Brookfield had made use of death spiral financing and insider trading. After five years of litigation the case was dismissed, based on the fact that Birch Mountain had failed to present credible evidence. In May 2015, the plaintiffs filed a notice