COVID-19: Critical Issues Facing Financial Services Companies
The spread of COVID-19 is disrupting business operations, causing economic confusion and triggering a variety of emergency government reactions. In this webinar, Manatt financial services professionals will discuss the issues the COVID-19 pandemic is creating for banks, fintech and other financial services companies and how to address them. In addition to the latest COVID-19 response developments, we will cover the following topics:
- Loan repayment impacts, including recent OCC and FDIC guidance on how to handle them
- Branch and servicing center operational issues, including potential liability for closures and strategies for continuing service
- Regulatory impacts, including the likelihood of loan loss reserve reviews and exam postponements
- Vendor issues, including force majeure and other legal issues associated with performance impairment
- Credit facility and other financing issues, including possible facility freezes or terminations based on MAC and other provisions
Date and Time Friday, March 20, 2020 10:00 a.m. – 10:30 a.m. PT 1:00 p.m. – 1:30 p.m. ET
Presenters
- Richard E. Gottlieb, Partner, Manatt Financial Services
- , Senior Advisor, Manatt Financial Services
- , Partner, Manatt Financial Services
