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Columbia Square, 555 Thirteenth Street, NW, Washington, DC 20004, USA

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250 days ago

William R. from Hogan Lovells US LLP

ARRC Proposes New York Legislation to Reduce LIBOR Litigation Risk

Hogan Lovells US LLP -

Hogan Lovells US LLP - In an effort to provide more clarity and certainty with respect to the LIBOR transition – and in particular to reduce the significant litigation risk associated with the transition -- the Alternative Reference Rates Committee (ARRC), a group of private-market participants convened by the Federal Reserve Board and the New York Fed, recently announced that it was proposing New York State legislation.

Authored by: Marc Gottridge

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