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Program Overview:
During the coming week, we anticipate that the Coronavirus Aid, Relief, and Economic Security (CARES) Act will become law with broad bipartisan support. A central component of the law's economic stimulus package is a series of lending programs that include:
-Grants and direct lending dedicated to specific non-financial sectors, such as airlines and national security businesses
-A significant expansion of eligibility and other aspects of programs administered by the Small Business Administration (SBA)
-Funding for several lending programs administered by the Federal Reserve
-The Small Business Paycheck Protection Program to be administered by the SBA
-The Joint Federal Reserve and Treasury lending programs
-The conditions and restrictions that will accompany participation in the aforementioned programs
-Longer term insights based on experience with governmental lending and crisis-driven economic programs
-Tax relief for businesses impacted by COVID-19
-Expectations for CARES Act implementation and potential future COVID-19-related economic legislation
Speakers
![](https://files.onlinexperiences.com/FileLibrary/5321/6/Beisner_John_180x180.jpg) John H. Beisner Partner, Litigation; Mass Torts, Insurance and Consumer Litigation Skadden
![](https://files.onlinexperiences.com/FileLibrary/5321/6/Boucher_Jamie_180x180.jpg) Jamie L. Boucher Partner, Financial Institutions Regulation and Enforcement Skadden
![](https://files.onlinexperiences.com/FileLibrary/5321/6/Christiansen_Brian_180x180.jpg) Brian D. Christiansen Partner, Financial Institutions Regulation and Enforcement Skadden
![](https://files.onlinexperiences.com/FileLibrary/5321/6/Jacobson_Seth_180x180.jpg) Seth E. Jacobson Partner, Banking Skadden
![](https://files.onlinexperiences.com/FileLibrary/5321/6/Sensenbrenner_Eric_180x180.jpg) Eric B. Sensenbrenner Partner, Tax Skadden
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CARES Act: Governmental Relief Programs for Businesses
Registration Is Closed
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