The Long Goodbye: Preparing for a world after LIBOR
Hundreds of trillions of dollars of financial contracts are linked to LIBOR (the London Interbank Offered Rate) — a reference rate that will soon be disappearing. As part of its series of films on twenty-first-century finance, Hassard Fay worked with experts at Kramer Levin LLP, Alvarez & Marsal, and Fieldfisher LLP to produce a short documentary on why this change is happening, who will be impacted, and what firms should do to prepare for the momentous shift.
Watch the film above. You can also see the film here, http://www.hassardfay.com/#LIBORfilm