LIBOR Best Practice Advisory (Feb 22 2023)

This advisory serves as a single resource reminding members about LSTA guidance on amendments and specific considerations to keep in mind with respect to LIBOR remediation amendments. Much of this advisory comes from our “LIBOR Transition Checklist” advisory published in December 2021 and continues to focus on transparency, vigilance, and communication.


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The Kirschner Case: This is the End

The Supreme Court denied Kirschner's petition for certiorari, finally ending the case. As LSTA's Elliot Ganz explains, this cements that syndicated loans are not securities,…