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New York Fed’s New Benchmarks May Provide Further Guidance on LIBOR Phase-Out

As reported in a previous client alert , the UK Financial Conduct Authority (FCA) announced on July 27, 2017 that by 2021, it intends to replace the London Interbank Offered Rate (LIBOR), the key benchmark rate underlying hundreds of trillions of dollars in lending and other financial transactions, with new benchmarks that are more reliable.

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When “Loan to Own” Becomes “Own a Loan” – How a Recent Fifth Circuit Decision Rejecting the Artificial Impairment Doctrine Increases Risks for Distressed Real Estate Investors

Practices: Real Estate Investments & Transactions, Business Restructuring

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