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CSPAN House Session November 14, 2013

Providence to guide the affairs of our nation and those who serve. Guide our representatives, we pray, on a path consistent with the original intent of our constitution. Grant them the strength of character to defend life, liberty and freedom. For future generations. Lead them in the path of righteousness, which will exalt this nation. As public servants, keep them from the sin of arrogance and selfcentered pride by reminding them they are accountable to the people and to you for their decisions. And i pray each representative of this house may know that they are greatly loved by you. As a follower of jesus christ, i pray this in him name, amen. The speaker the chair has examined the journal of the last days proceedings and announces to the house his approval thereof. Pursuant to clause 1 of rule 1 the journal stands approved. For what purpose does the gentleman from illinois rise . Mr. Speaker, purr superintendent to clause 1, rule 1, i demand a vote on agreeing to the speakers approv ....

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Can't We All Just Get Along? Four Key Areas of Dispute in the Evolving Landscape of LIBOR Cessation Litigation | King & Spalding


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On November 30, 2020, parties to legacy LIBOR contracts breathed a collective sigh of relief as LIBOR’s administrator Intercontinental Exchange, Inc. (“ICE”) announced that US Dollar LIBOR would continue to be published until December 31, 2021 for the one-week and two-month tenors and until June 30, 2023 for the remaining, more widely used tenors.
[i] As explained in our prior Client Alerts on the transition away from LIBOR, these extensions will allow time for most legacy LIBOR contracts to mature prior to the cessation of LIBOR’s publication,
[ii] significantly reducing – or at least delaying – the potential for disputes between counterparties over the selection of an appropriate alternative reference rate. But the potential for disputes remains, particularly because the earlier-expiring one-week and two-month tenors, though less popular than those expiring in June 2023, are still prevalent in c ....

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