May 08, 2021 - This event is scheduled for Wednesday, May 12, 2021 from 12:00 PM to 1:00 PM (ET).
For further details, please visit: https://knowledgewebcasts.com/know-portfolio/zombie-libor-for-usd-contracts-cle-cpe/
About Les Jacobowitz
Les has over 30 years of experience representing issuers, borrowers (including not-for-profits), governmental entities, underwriters, and financial institutions in domestic and international transactions. He has provided counsel on deals involving $25 billion or more, as well as restructurings and workouts of an additional $41 billion. He has worked with governmental entities, private companies, banks, investment banks and funds in all aspects of financing, including the lending, securitization, real estate, public finance, not-for-profit, health care, restructuring, energy & environment, and infrastructure & privatization financing areas and related litigation. He is also experienced in financings involving asset-backed securities, collateralized debt obligations, collateralized loan obligations, and commercial mortgage-backed securities, representing issuers, investment banks, funds, liquidity banks, and credit enhancers. Learn more here.
About Arent Fox
Founded in 1942, Arent Fox is internationally recognized in core practice areas where business and the law intersect. With more than 450 lawyers and professionals, the firm provides strategic legal counsel and multidisciplinary solutions to a global roster of corporations, governments, and trade associations.
Abstract
The scheduled phase-out of the London Interbank Offered Rate (LIBOR) by the end of 2021 is currently posing significant transition challenges for banks and all concerned individuals. Furthermore, ICE Benchmark Administration Limited (IBA) announced last December 2020 the extension of U.S. dollar (USD) LIBOR through June 2023, creating a change in the LIBOR transition process and opening more ambiguities in managing USD contracts.
With these and other critical issues incessantly emerging in the backdrop, it is necessary for financial institutions to keep themselves abreast of the latest developments and develop a strategic plan to ensure that risks and pitfalls are well-mitigated.
In this LIVE CLE Webcast, a panel of key thought leaders and professionals assembled by The Knowledge Group will provide the audience with an in-depth analysis of the critical issues surrounding LIBOR. Speakers will also offer the best practices that are essentially needed in this evolving area of law.
Some of the major topics that will be covered in this course are:
• Overview of USD LIBOR
• Recent Trends and Developments
o LIBOR Indices Set to Transition by Year-End 2021
o U.S. Regulator on No New LIBOR Contracts After 2021
o Ramifications of ISDA Protocol’s Immediate Implementation
• New USD LIBOR Transition Timeline
• Red Flags
• Practical Tips and Best Practices
• What Lies Ahead
About The Knowledge Group
Founded in November 2006, The Knowledge Group has been at the forefront of providing quality continuing education programs for lawyers, accountants, financial executives, risk and compliance specialists, human resources professionals, technology officers, and business consultants in a wide range of industries.
The Knowledge Group strives to be the best-in-class provider of continuing education by bringing forth relevant content you can’t get anywhere else.
Contact Information
Nicca Bilason
The Knowledge Group
