March 30, 2020

To our clients and friends:

On March 27, 2020, the President signed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) into law.  It provides over $2 trillion to combat the coronavirus (COVID-19) and stimulate the economy.  The CARES Act also contains provisions that can assist financial institutions in preserving capital and easing operations.  Our Alert, which summarizes these provisions, is available here.

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