Identification of Provisions Relating to Benchmark Interest Rate in Regulatory Filings
Activity: Identification of Provisions relating to Benchmark Interest Rate in Regulatory Filings
Client: Regulated Investment Fund
In the context of legal proceedings relating to a benchmark interest rate (LIBOR), ESILAB was instructed to acquire and convert 40,000 public offering materials filed with the Securities and Exchange Commission. The source material was in unstructured PDF and TXT formats. Once ESILAB had converted the relevant materials into a structured format certain key legal provisions relating to the benchmark interest rate were automatically identified, extracted and incorporated into a report for further analysis by the client’s legal team.