Competing Libor-Transition Proposals Create More Problems

By Anne Beaumont, Janine Alexander and Audrey Favreau (September 23, 2020, 2:32 PM EDT) -- As the Dec. 31, 2021, end date for Libor approaches, it is becoming increasingly apparent that it will not be possible for market participants to amend all legacy contracts to add Libor fallback provisions or replace or ameliorate problematic fallback provisions....

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