Stay in the know
We’ll send you the latest insights and briefings tailored to your needs
13 Feb 2019
Insight
London
This article considers the background and current market developments relating to the discontinuation of LIBOR. It examines the potential litigation likely to arise for legacy contracts and the alternative contractual fall-back provisions that are being proposed. Finally, it analyses the four markets most affected by the discontinuation of LIBOR—the loan, derivatives, bonds and securitisation markets.
This article was first published by Thomson Reuters, trading as Sweet & Maxwell, 5 Canada Square, Canary Wharf, London, E14 5AQ, in the Journal of International Banking Law and Regulation as "LIBOR Is Being Overtaken: Will It Be a Car Crash?" JIBLR 2019, 34(2), 58-71 and is reproduced by agreement with the publishers
Key contacts
Legal Notice
The contents of this publication are for reference purposes only and may not be current as at the date of accessing this publication. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
© Herbert Smith Freehills 2024