Preparing for LIBOR Substitution - Commercial and Consumer Lending Considerations
By EsqSocial Corporation 20/09/19
As of December 31, 2021 (the “Effective Date”), the use of LIBOR as an index for commercial and consumer loans will likely cease - which presents lenders and other industry participants with the challenges to address: (a) the process for replacing...
By: Dorsey & Whitney LLP