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FASB Proposes Relief For LIBOR Transition

The Financial Accounting Standards Board (FASB) released proposed guidance last week intended to ease the potential accounting burdens of LIBOR transition for loan market participants.

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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,…