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Could changes in LIBOR-setting lead to frustration in current contracts?


Banking & Finance analysis: There is a move to transaction-based benchmarks for calculating LIBOR rates.

Saaman Pourghadiri was interviewed by LexisPSL, on questions whether this change in methodology is likely to lead to frustration in current contracts.

He specialises in commercial litigation and financial services. His current and recent financial services work includes acting for a number of individuals in relation to the global investigations into the FOREX market, claims arising out of the mis-selling of interest rate hedging products and assisting the Bank of England in developing and implementing its approach to regulating CCPs.

Barristers: Saaman Pourghadiri
Categories: News