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The rapid onset of COVID-19 in the UK and the US has led to a plethora of economic policy commitments to support business. This webinar provides an overview of the various support schemes implemented in the UK and the US. Specific topics include:

  • UK facilities for small businesses including the Coronavirus Business Interruption Loan Scheme (“CBILS”);
  • UK Coronavirus Job Retention Scheme (aka Furlough Scheme);
  • COVID Corporate Financing Facility (“CCFF”) and CP eligibility;
  • Financial Conduct Authority (“FCA”) reforms and working capital assistance for UK listed companies;
  • Proposed amendments to the UK insolvency law and other debt reforms; and
  • Emergency relief measures in the US, including the Federal Reserve’s Paycheck Protection Program Liquidity Facility

For additional information, please contact Michael Kraines at mkraines@mayerbrown.com or +1 212 506 2440.