Our blog

On November 30, the ICE Benchmark Administration (IBA), who compiles and oversees LIBOR, announced that subject to consultation it will extend the publication of USD LIBOR benchmarks until June 30, 2023 for all but the…

In every legal TV drama, there’s a scene where a crack team of lawyers arm themselves with yellow highlighters and scour boxes of documents around the clock in search of a specific piece of information…

It would be easy to assume that an event as cataclysmic as COVID-19 would qualify as a “black swan”, a term which has become shorthand for an event that catches markets unawares. The term “black…

In this article Friedman Kaplan attorneys Asaf Reindel, Stan Chiueh, and Jessica Julich share findings from a review of the LIBOR fallback and other provisions in 300 recent loan and credit agreements, which were extracted…

For leveraged loan lenders, now’s the time to dig deep into your leveraged loan documents to mitigate increasing risks. Since the end of the last financial crisis, there’s been a slow but pronounced trend tipping…

Over the past couple of months, as the pandemic-induced economic crisis has worsened, we’ve seen a marked increase in activity on the Eigen platform. Our clients in the corporate credit market are using the platform…