Scott Schaaf

Scott Schaaf

Womble Bond Dickinson

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Latest Posts › Alternative Reference Rates Committee (ARRC)

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Federal Enactment of Adjustable Interest Rate (LIBOR) Act

On March 15, 2022, President Biden signed the Consolidated Appropriations Act of 2022 into law, which includes the Adjustable Interest Rate (LIBOR) Act. This legislation establishes a uniform benchmark replacement process for...more

3/17/2022  /  Adjustable Rate Financial Products , Alternative Reference Rates Committee (ARRC) , Benchmarks , Consolidated Appropriations Act (CAA) , Interest Rates , Libor , Secured Overnight Funding Rate (SOFR)
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