Friedman Kaplan has formed a LIBOR Transition Task Force, led by litigation partner Anne Beaumont, to study and prepare for the expected cessation of the London Interbank Offered Rate (LIBOR), which will occur no later than the end of 2021—and perhaps sooner. Given LIBOR’s pervasive use, the consequences of its permanent discontinuation will be felt—for better or worse—throughout the financial markets. As one market participant recently observed, “a misstep could have substantial consequences for investors globally.” More

Effective December 21, 2018, Friedman Kaplan partners Anne E. Beaumont, Michael A. Gordon, Mala Ahuja Harker, Jason C. Rubinstein, and Jeffrey R. Wang will join the firm’s newly formed Management Committee, taking over responsibility for firm management from longtime Managing Partner and founder Eric Seiler. More