The antitrust landscape has changed with the advent of the Biden administration. Companies should have a compliance program in place to keep the government at bay.
The London Interbank Offered Rate (LIBOR) is being phased out on June 30, 2023, following allegations of manipulation. This has raised questions about what will replace LIBOR. The switch to another rate depends on the country where a company is located. While companies may still use LIBOR until June 2023, that extension is specific to the US dollar. This article discusses the transition.
Special Purpose Acquisition Companies (SPACs) have been gaining traction during the past 18 months, although more recently they have come under the spotlight for more negative reasons. Following high-profile litigation associated with certain de-SPAC deals and statements from the Securities and Exchange Commission (SEC), many investors are now starting to question SPACs as an investment vehicle of choice.