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COVID-19: An Overview of Emergency Financing Facilities Created Under the Cares Act and Section 13(3) of the Federal Reserve Act

May 1, 2020
Coronavirus: Financial Services Webinar

To help our clients navigate the coronavirus (COVID-19) crisis, Arnold & Porter has established a Coronavirus Task Force covering a wide range of issues and challenges. Subscribe to our "Coronavirus (COVID-19)" mailing list to receive our latest client Advisories and register for upcoming webinars.

In response to the COVID-19 crisis, the federal government has launched a number of emergency financing facilities, including programs authorized by the CARES Act and new programs established by the Federal Reserve under Section 13(3) of the Federal Reserve Act. Some of the CARES Act Title IV facilities are administered by the Federal Reserve and intersect with its Section 13(3) financing programs.

In this webinar, our panelists discuss each of these separate financing facilities, their basic terms and requirements, and what types of borrowers can access each facility. We also cover litigation and government investigation and enforcement issues that borrowers and lenders should take into consideration.

Meet the Speakers

David F. Freeman, Jr.
Partner
Arnold & Porter
Lawton M. Camp
Partner
Arnold & Porter
Amber A. Hay
Partner
Arnold & Porter
Henry G. Morriello
Senior Counsel
Arnold & Porter
Arturo Caraballo
Counsel
Arnold & Porter
Michael Penney
Partner
Arnold & Porter
Sheryl Gittlitz
Senior Counsel
Arnold & Porter
Michael A. Mancusi
Partner
Arnold & Porter
David B. Bergman
Partner
Arnold & Porter
Eric Whitney
Partner
Arnold & Porter
James W. Cooper
Partner
Arnold & Porter