United States: Final Rule Implementing Libor Act Confirms Use Of CME Term SOFR Plus CSA For Tough Legacy Contracts - Akin Gump Strauss Hauer & Feld LLP

United States: Final Rule Implementing Libor Act Confirms Use Of CME Term SOFR Plus CSA For Tough Legacy Contracts - Akin Gump Strauss Hauer & Feld LLP

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On December 16, 2022, the Federal Reserve Board adopted the final rule (the "Final Rule") implementing the Adjustable Interest Rate (LIBOR) Act (the "Libor Act")...

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