Partner Malcolm Montgomery (New York-Real Estate) was the co-presenter of “Hedging Your Bet: Interest Rate Hedge Agreements in Real Estate Financing” at the American College of Real Estate Lawyers (ACREL) Annual Conference held at the Four Seasons in Baltimore, MD.
The presentation included a discussion of the basic considerations of interest rate hedging and hedging agreements. Also addressed were several key issues from the lender, borrower and hedge counterparty perspectives, including types of hedging agreements, the Dodd-Frank restrictions on eligible contract participants, security and collateral considerations, tax and bankruptcy issues and proper documentation. The presentation was an abridged adaptation of the full-length article of the same name co-authored by Montgomery.
ACREL is the premier organization of US real estate lawyers. ACREL's distinguished lawyers have been elected to fellowship for their outstanding legal ability, experience and high standards of professional and ethical conduct in the practice of real estate law.