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  • When General Electric (GE) first agreed to buy Alstom's thermal, renewables and grid businesses back in April 2014 for $13.5 billion, it surely knew the deal would be no easy feat.
  • The Kuwaiti government is developing new legislation which will allow it to issue a sovereign sukuk. The oil-dependent country is looking to diversify its funding sources amid crude oil prices' 50% drop over the past 12 months.
  • A growing number of sophisticated investors are bringing cases against M&A targets to increase their payout. Wilson Sonsini Goodrich & Rosati's David Berger explains what's behind the trend
  • Junior noteholders are replacing special servicers to take control of workout situations. Paul Hastings' Conor Downey and Stephen Parker analyse this uneasy dynamic in distressed deals
  • NRSRO rules should have been limited to a narrower range of asset classes. Nevertheless, as Mayer Brown's Amanda Baker explains, the securitisation market is coping well
  • The US government needs to start filling them
  • Alana Griffin
  • Lawyers say the focus should be on improving projects’ underlying credit. That doesn't require cash, but rather the overhaul of deep-seated market realities
  • US in-house believe the Jobs Act should be extended to larger issuers. But the law alone won’t bring companies to market
  • The newly-liberalised sector had a disappointing first bid. Subsequent changes made by the regulator mean there is a better outlook for the second