The London Interbank Offered Rate (LIBOR) has been the benchmark interest rate for countless contracts worth more than $240 trillion, encompassing everything from complex derivatives to lending documents and residential mortgages, and the financial world now faces a daunting challenge to prepare for its replacement. LIBOR is a central fixture across all manner of financial activity, and impacts such things as risk, valuation, commercial contracts, performance modelling, SEC filings and more.

During this informative discussion, the presenter focuses on the latest legal trends and perspectives involved in preparing for the transition away from LIBOR.

Review the latest guidance from the Alternative Reference Rates Committee, challenges, opportunities, and critical areas of importance for lawyers that will be responsible for addressing one of the most significant changes impacting the financial services industry today. 

This session also provides recommendations on specific areas where LIBOR replacement efforts should be focused and what resources are available from some of the leading industry organizations and banks involved in navigating this change.

SPEAKERS

• B. Taber Cathcart, Womble Bond Dickinson (US) LLP Charlotte
• Erik J. Chamberlin, Womble Bond Dickinson (US) LLP, Charlotte

PRODUCED
Session from The World Spins Madly On: Making Sense of the Current State of International Law (2021 International Practice Section Program), March 25, 2021

APPROVED CREDIT
North Carolina: 1.00 MCLE Hour

PROGRAM PRICING
See pricing below.

Access to the program and content expires ninety (90) days from the date of purchase.