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The COVID-19 Loan Programs (Webinar)

Compliance Round-Up: City Bar Series on COVID-19’s Impact on Ethics and Compliance
The COVID-19 Loan Programs: Latest Developments
Wednesday, August 19, 2020 | 11:00 am - 12:30 pm
Rescheduled from August 4, 2020

Please Note: This program will be in a live webinar format — it will consist of audio-only instruction by the faculty, along with a visual aid presentation.

For New York Attorneys: This live webinar format is acceptable for all attorneys (both newly admitted and experienced) for all credit types. This includes, for newly admitted attorneys, Skills credit (through October 31, 2020, per recent guidance of the CLE Board – for more information, click here).

Program Fee:

$49 for Members | $99 for Nonmembers
Members who are Recent Law Graduates, Newly Admitted Lawyers (admitted for the first time in any state or country 2018-2020), In-House/Corporate Counsel, Judges, or attorneys that practice within the Government, Academic or Not-for-Profit sectors attend this program for free.

CLE Credit:
New York: 1.5 Professional Practice
New Jersey: 1.6 General
California: 1.5 General
Pennsylvania: 1.0 General
Connecticut: Available to Licensed Attorneys

This program provides transitional/non-transitional credit to all attorneys

This webinar, led by a distinguished group of experts, including former DFS Superintendent Maria Vullo, will cover the latest developments under the CARES Act loan programs and the implications for lenders and borrowers who participate in those programs. With over $1 trillion authorized, the two main programs—the Payroll Protection Program and the Main Street lending facilities—were designed to help businesses get through the lockdown and enable them to rebound as the country reopens. The PPP was depleted quickly, in a matter of days, while funds only recently started to flow from the Main Street lending facilities.  

The panel will discuss the latest with these loan programs, including:
  • Whether the panel’s predictions from the 4/26 NYCBA webinar were correct;
  • The PPP from a borrower’s perspective;
  • PPP litigation and enforcement risks;
  • The final details of the Main Street lending facilities and how the facilities are being implemented;
  • Litigation and enforcement risks associated with the Main Street lending facilities;
  • Anticipated perspective of the regulators; and
  • Hot topics going forward.

In addition to Ms. Vullo, the distinguished panel will include: Cristy Phillips, former Deputy Chief of the Civil Frauds Unit at the U.S. Attorney’s Office for the SDNY and current Deputy General Counsel and Head of Litigation for 1/0 Capital; Lisa Ledbetter, former deputy general counsel at Freddie Mac, deputy office director at the FDIC, and banking and finance counsel at the Department of the Treasury; and Becky Martin, a 15-year veteran of the United States Attorney's Office for the SDNY, where she served as co-chief of the Civil Frauds Unit and health care fraud coordinator. Both Ms. Ledbetter and Ms. Martin are Jones Day partners. Lanier Saperstein, a member of the NYCBA Compliance Committee, will chair and moderate the panel.

Click Here to View Program Agenda & Faculty

Program Chair & Moderator:
Lanier Saperstein, Jones Day

Sponsoring Association Committee:
Compliance, Patrick T. Campbell, Chair

New York City Bar 42 West 44th St New York, NY 10036

Wednesday, 19 August 2020


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