Demystifying the Trust Instruction Proceeding with Wells Fargo’s Mike Johnson
LIBORcast
English - July 07, 2021 17:00 - 26 minutes - 18.2 MB - ★★★★★ - 24 ratingsBusiness libor libor rate libor replacement libor transition sofr finance lending lawyer derivatives interest rates Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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What should securitization trustees be concerned about regarding the LIBOR transition? In this episode, Dechert’s Matthew Hays and Wells Fargo Senior Company Counsel Mike Johnson discuss how issuers, investors and servicers can prepare for the transition as well as whether trust instruction proceedings (TIPs) may be used in connection with LIBOR language or whether legislative solutions will address discretion and ambiguity in documents.