Banking & Financial Services Committee Meeting
Please join members of the CPR Institute’s Banking & Financial Services Committee in New York for a webinar featuring Tess Virmani, Associate General Counsel & Executive Vice President, Public Policy of the Loan Syndications and Trading Association and Michael Spafford, Partner, Paul Hastings, discussing issues relating to the phase out and the corresponding legal disputes that may result from LIBOR. LIBOR (standing for “London Interbank Offered Rate”) is an interest reference rate used for pricing in financial contracts valued at over $400 trillion globally. Due to its unreliability and its history of being “rigged,” it is being phased out at a time when it is still contained as a reference rate in many contracts. This presentation will be moderated by Rick Gray of Gray Arbitration.