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The Shearman & Sterling Real Estate practice presents a webinar on “SOFR and Other RFR Fallback Rates,” led by partner Malcolm Montgomery, counsel Mike Pettingill and associate Devlin Carey (all New York-Real Estate).
In this discussion, the panelists provide an overview of the transition from LIBOR to SOFR, exploring the ARRC’s development of a transition plan and contractual fallback language for SOFR, market obstacles and potential resolutions, recent legislative action, the transition plan for RFRs applicable to foreign currencies and the current state of the market.
Watch “SOFR and Other RFR Fallback Rates”:
