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Cy-près solutions: navigating contractual continuity in a post-LIBOR world

08/11/2024

IntroductionIn Standard Chartered PLC v Guaranty Nominees Ltd & Ors [2024] EWHC 2605 (Comm), the English Commercial Court provided a solution to the impact of the cessation of the London Interbank Offered Rate (“LIBOR”) on perpetual preference shares which...

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Authors

Portrait ofPhillip Ashley
Phillip Ashley
Partner
London
Portrait ofMichael Cavers
Michael Cavers
Partner
London
Portrait ofAnna Rose
Anna Rose
Senior Associate
London
Portrait ofTom Mallalieu
Tom Mallalieu
Partner
London
Portrait ofDavid Rutherford
David Rutherford
Partner
London
Portrait ofJessica Miller - 600 x 600
Jessica Miller
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