Beaumont Publishes Article on the Current State of the LIBOR Transition
The Hedge Fund Law Report has published an article by Friedman Kaplan litigation partner Anne Beaumont in which she reviews how LIBOR transition came about and the current state of the LIBOR transition, including some major milestones that have been achieved during the past five years. As the deadline for the cessation of the LIBOR benchmark, now one year away, approaches, it is crucial that fund managers are prepared for the impact and changes this transition will cause. The article provides insight on the steps investment managers should take to ensure a smooth transition from the rate once hailed as “the world's most important number.”
The full text of the article can be accessed below.