Webinar Series: CARES ActApril 6, 2020
Partners in our Financial Services, M&A and Healthcare Groups discuss the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). Topics include the Paycheck Protection Program and the flexibility granted to banks in dealing with troubled borrowers. They also discuss sections of the Act that provide relief to other industries, including the auto and aviation sectors. The Act’s effect on the healthcare field is also examined, including the use of the Medicare statute to offer liquidity relief to healthcare providers and the expansion of telehealth.