Hosted on MSN

What was the LIBOR rate, and what happened to it?

LIBOR set interest rates for trillions of dollars in loans for over 30 years. Banks manipulated the rate because it relied on estimates rather than real transactions. A new system called SOFR replaced ...
JD Supra

The End of LIBOR: Hotel California Edition [Part VI]

In an update earlier last year, we highlighted the ongoing legal developments in connection with key cases surrounding the ...