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Getting you up to speed - Ending LIBOR

  • United Kingdom
  • Financial services disputes and investigations
  • Financial services

03-02-2022

5 quick takeaways for financial litigators

Taking stock of the position following the first LIBOR cessation date on 1 January 2022, whilst some USD LIBOR rates are continuing and, for where they have ceased, synthetic LIBOR and statutory replacement rates are providing coverage for the most frequently-used LIBOR settings, their availability differs across jurisdictions / currencies and some rates have ceased entirely. We have prepared this short summary note on the possible litigation risks and a diagram to clarify the status of the jigsaw of LIBOR rates as they stand following 1 January 2022.

Please do contact us if there is anything we can do to assist you and we would be happy to provide training if that would be of use. 

Download the PDF here. 

 

David Flack, Partner
Jennifer Miles, Partner
Mark Cooper, Partner
Kari McCormick, Partner
Jake  McQuitty, Partner
Gregory Brandman, Partner
Oliver Shipway, Principal Associate

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