Compliance Round-Up: City Bar Series on COVID-19’s Impact on Ethics and Compliance

The COVID-19 Loan Programs: Latest Developments

Originally held on Wednesday, August 19, 2020 | 11:00 am – 12:30 pm

Program Chair & Moderator

Lanier Saperstein
Jones Day

  • 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.

    Please note: This program will consist of audio-only instruction by the faculty, along with a visual aid presentation

    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.

  • TBD

  • Lisa Ledbetter
    Jones Day
    Former Deputy GC, Freddie Mac and Deputy Office Director, FDIC

    Cristy Irvin Phillips
    Deputy GC and Head of Litigation, 1/0 Capital, LLC
    Former Deputy Chief, Civil Frauds Unit, SDNY

    Maria T. Vullo
    CEO, Vullo Advisory Services, PLLC
    Former Superintendent, NYS Department of Financial Services

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

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

    Sponsorship Opportunities are Available! Please Contact:
    Angie Avila, Manager, Membership Outreach and Sponsorships | (212) 382-6608 | aavila@nycbar.org

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