Morrison Foerster is an international law firm with lawyers practicing throughout the United States, Asia, and Europe. Click to discover more.

mofo_share_image.jpg

Morrison Foerster

favicon.ico

favicon-16x16.png

favicon-32x32.png

apple-touch-icon.png

MoFo Favicons

Terms / Notices

Cookies

Privacy Policy

Attorney Advertising

Secure Login

Alumni

  Facebook

MoFo Facebook

  Linkedin

MoFo LinkedIN

Twitter

MoFo Twitter

YouTube

MoFo Youtube

Morrison Foerster - Footer

You have not solved the recaptcha challenge yet or session expired, try again.

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our <a href="https://www.mofo.com/about/privacy-policy.html">Privacy Policy</a>, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.

Feedback

mofo-logo-2022.svg

People

Capabilities

Resources

About

Culture

Offices

Careers

Stay Connected

Morrison & Foerster partner Geoffrey R. Peck discusses 
the corporate sector’s slow awakening to regulators’ proposed phasing out of Libor in the IFLR Practice Insight article entitled, “Libor reform: corporates start asking questions.”

Libor Reform: Corporates Start Asking Questions

About Morrison Forester

people-default-header-desktop.jpg

people-default-header-mobile.jpg

Default Meta Data

Morrison & Foerster partner Geoffrey R. Peck discusses the corporate sector’s slow awakening to regulators’ proposed phasing out of Libor in the IFLR Practice Insight article entitled, “<a target="_blank" href="https://iflrinsight.com/articles/242/libor-reform-corporates-start-asking-questions">Libor reform: corporates start asking questions</a>.”Peck said, “I’m concerned about large corporations with complicated treasury departments that have Libor in credit agreements, indentures, swaps and intercompany loans – yet I don’t see their CFOs doing much about it. Even some sophisticated companies haven’t yet grasped how complicated it is.”“In the US especially, most alternative rates – including Sofr – are more expensive than even Libor, so from a treasury management perspective, it’s just not sensible to start paying a higher interest rate now,” added Peck.