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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
 John H. Beisner Partner, Litigation; Mass Torts, Insurance and Consumer Litigation Skadden  Jamie L. Boucher Partner, Financial Institutions Regulation and Enforcement Skadden  Brian D. Christiansen Partner, Financial Institutions Regulation and Enforcement Skadden  Seth E. Jacobson Partner, Banking Skadden  Eric B. Sensenbrenner Partner, Tax Skadden
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CARES Act: Governmental Relief Programs for Businesses
Registration Is Closed
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