Private debt funds are rapidly expanding into a segment of the market traditionally dominated by banks -
Bank lenders have traditionally been the primary providers of debt to finance infrastructure project development, but...more
Recent statements by LIBOR authorities in the UK have implications for benchmark fallbacks in US documents.
The UK’s Financial Conduct Authority ("FCA") and ICE Benchmark Administration ("IBA") released statements1 on...more
New legislation would ease benchmark transition for tough-to-amend contracts governed by NY law -
New York State Senator Kevin Thomas has introduced a bill that would provide a legislative fix for contracts that lack...more