The Coronavirus Aid, Relief, and Economic Security Act (the CARES Act) was signed into United States law on March 27, 2020. The CARES Act authorizes more than $2 trillion to battle COVID-19, including immediate cash relief for individual citizens, loan programs for small business, support for hospitals and other medical providers, and various types of economic relief for impacted businesses and industries.
In response, Reed Smith has launched a multidisciplinary CARES Task Force that can answer questions related to issues including but not limited to SBA lending, consumer protection, tax, life sciences and health care, employment, employee benefits, and bankruptcy and restructuring.
For additional insight on the CARES Act, please view our resources below and contact our CARES Task Force with questions.