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June 30, 2021

Law 360

By: Alex Cota, Elizabeth A. Loonam, Marni M. Isaacson

In an article titled, “What If Market Snubs SOFR As New Benchmark Interest Rate?,” Stroock lawyers Alex Cota, Elizabeth Loonam and Marni Isaacson discuss the various rate alternatives in transitioning from Libor. They consider the Alternative Reference Rate Committee’s proposed language, evaluate and clarify the different rate alternatives, and offer guidance on where the lack of a set rate leaves market participants.  

Read the article here