COVID-19: UK And US Economic Support Mechanisms

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Mayer Brown
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Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
The plethora of economic policy commitments to support business in the UK and the US in the face of COVID-19 can be difficult to navigate.
Worldwide Coronavirus (COVID-19)
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The plethora of economic policy commitments to support business in the UK and the US in the face of COVID-19 can be difficult to navigate. Our lawyers recently held a webinar in conjunction with PLI to provide an overview of the various support schemes implemented in the UK and the US, focusing on UK schemes such as the Coronavirus Business Interruption Loan Scheme ("CBILS"); UK Coronavirus Job Retention Scheme (aka Furlough Scheme); the COVID Corporate Financing Facility ("CCFF"); and on Financial Conduct Authority ("FCA") reforms and working capital assistance for UK listed companies. It also considered emergency relief measures in the US, including the Federal Reserve's Paycheck Protection Program Liquidity Facility.

Download the slides from this session.

Beyond the US and the UK, you can also view the economic support measures implemented in 30 other jurisdictions around the world through our COVID-19 Global Stimulus Navigator. Designed to help businesses understand the comparative economic stimulus measures being rolled out by governments around the world, the tool provides at-a-glance analysis for major jurisdictions.

Originally published June 16, 2020.

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COVID-19: UK And US Economic Support Mechanisms

Worldwide Coronavirus (COVID-19)
Contributor
Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
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