With little fanfare, New York has recently enacted a complete overhaul of its fraudulent conveyance law.  More

What’s happening right now in the world of LIBOR transition? Friedman Kaplan’s LIBOR Transition Task Force sees five major themes. More

While the loan markets have yet to adopt SOFR as a replacement benchmark to LIBOR, lenders and borrowers have started using the ARRC’s fallback provisions or variations thereof in credit agreements. However, in almost all cases credit agreements continue to contain other standard provisions that arguably are inconsistent with the ARRC provisions and should be removed. More

The Hedge Fund Law Report has published an article by Friedman Kaplan litigation partner Anne Beaumont discussing the implications for hedge fund managers of the SEC's July 12, 2019 Staff Statement on LIBOR Transition.  More

In an article published by Private Equity Law Report, Partners Anne Beaumont and Lance Gotko provide an overview of the SEC’s whistleblowing rules, summarize key SEC and EEOC enforcement actions over the last several years, and offer practical advice to private equity firms on how to avoid running afoul of the applicable rules. More

What’s happening right now in the world of LIBOR transition? Friedman Kaplan’s LIBOR Transition Task Force sees five big trends. More

In the article, Ms. Beaumont discusses legislation that the Alternative Reference Rates Committee (ARRC) of the Federal Reserve Board of Governors and the Federal Reserve Bank of New York are considering asking the New York State Legislature to pass that would apply to certain types of existing or “legacy” contracts referencing Libor.  More

Friedman Kaplan litigation partner Anne Beaumont was quoted extensively in ACA Compliance Group's February 25, 2019 issue of ACA Insight in an article on investment advisory firms' need to prepare for the coming transition away from the LIBOR interest rate benchmark. More