A look ahead: Potential constitutional challenges to the proposed New York legislation for U.S. dollar LIBOR contracts
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Hogan Lovells US LLP
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A look ahead: Potential constitutional challenges to the proposed New York legislation for U.S. dollar LIBOR contracts
Companies
Hogan Lovells US LLP
Thought Leadership
A look ahead: Potential constitutional challenges to the proposed New York legislation for U.S. dollar LIBOR contracts
Hogan Lovells US LLP
Hogan Lovells US LLP
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Back
Hogan Lovells US LLP - Hundreds of thousands of financial contracts (including floating rate securities, bilateral and syndicated loans, interest rate swaps and home mortgages), with an estimated $200 trillion notional value, incorporate U.S. Dollar LIBOR. Many will remain in effect beyond 2021, yet lack robust fallbacks to automatically replace LIBOR after it no longer exists.
Authored by: Marc Gottridge, Charles Barrera Moore
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