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April 29, 2020

Webinar 1:00 p.m. EDT / 10:00 a.m. PDT

Speakers: Brian C. Frontino, Arjun P. Rao, Julia B. Strickland, Quyen T. Truong

The COVID-19 pandemic has caused distress for consumers nationwide, with many struggling to meet their financial obligations. Governmental authorities have responded with a variety of measures to minimize the financial impact on consumers. Financial institutions face significant burdens in complying with these new requirements and addressing related litigation risks.

In this Webinar, Stroock’s consumer financial services attorneys will discuss the broad range of government COVID-19 consumer relief measures, their potential impact on litigation and ways for institutions to mitigate this exposure.  Topics to be addressed include:

  • Governmental measures aimed at easing consumer financial obligations, such as requirements under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), as well as state and local orders, rules and guidance;
  • The impact of the pandemic and related relief measures on financial institutions’ activities, from servicing and collections to credit reporting; and
  • The types of enforcement and litigation claims that likely will result, as well as ways to mitigate this exposure.