Mount Street and Paul Hastings Join Forces on LIBOR Replacement Service for Real Estate Loans
London - U.K. financial regulators have sent clear signals, reinforced in
As Servicer on a number of CMBS and Facility Agent on a large number of multi-lender CRE loans, Mount Street has joined together with leading global law firm Paul Hastings’ Real Estate Finance practice to ensure that the process for replacing LIBOR can be kept as efficient and cost-effective as possible.
The combined team is able to offer lenders a legal and operational framework for advising on the challenges and impact of LIBOR replacement, as well as making the necessary changes to the documentation once the change has been agreed with borrowers.
The team will be led by Mount Street’s European Head of Primary Servicing,
About Mount Street:
A highly experienced debt management team focused on delivering first class, bespoke solutions across services to credit, structured and asset backed finance markets.
About Paul Hastings LLP:
At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.