The CARES Act was enacted to provide several forms of relief for individuals and businesses as a result of the COVID-19 pandemic. In this episode, we cover the general requirements for complying with the act, unpack how the government is likely to enforce the requirements, examine what can be learned from the government’s enforcement of TARP in the wake of the 2008 financial crisis, provide best practices for CARES Act compliance, and detail how to mitigate the risk of enforcement actions.
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