Skip to Main Content
Services Talent Knowledge
Site Search
Menu

News

October 13, 2020

Danielle Katz Published in NYSBA Inside

An article by Danielle Katz, associate, “Preparing for the Transition Away From LIBOR,” was published by the New York State Bar Association in Inside.

On July 27, 2017, Andrew Bailey of the Financial Conduct Committee put the global financial industry on notice that the London Interbank Offered Rate (LIBOR) would be phased out by the end of 2021.1 In the wake of that announcement, committees were formed all over the world to analyze, develop, and determine what the future of interest rate benchmarks will look like. While LIBOR was once the premier benchmark used across various currencies and terms, its potential for abuse and lack of liquidity in its underlying market has caused it to go from a front runner to being voted off the island.

Read the complete article here.

Subscribe

Click here to sign up for alerts, blog posts, and firm news.

Featured Media

Alerts

NYS Legislature Seeks to Restrict Time Period for Third-Party Actions

Alerts

United States Department of Justice Issues Antidiscrimination Guidance to Federal Funding Recipients

Alerts

NYSDEC Finalizes Regulations to Manage the Endangered and Threatened Species Mitigation Bank Fund

Alerts

NYS Energy Planning Board Releases Draft Energy Plan, Detailing Pathways to Decarbonization While Maintaining System Reliability Through 2040

Alerts

Non-Judicial Collateral Remedies, Part 3 – Strict Foreclosure

Alerts

Court to Weigh Key Privacy Issues in Web Tracking Case Against Cigna