The expected phase-out of LIBOR will affect trillions of dollars in investments across a wide range of financial products. The market has been working to adapt new transactions to a post-LIBOR world, but legacy transactions will also be affected. Whether and how those contracts can be modified to account for the unavailability of LIBOR—and how courts will respond to the changed facts—are open questions.
Please join Mayer Brown partners Matthew Ingber, Chris Houpt and Sagi Tamir as they discuss the current efforts to replace LIBOR, litigation risks that market participants may face, and how to plan for those risks.
Mayer Brown’s Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm’s global resources from multiple practices and offices, the initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.