Bank Closures, The FDIC, Escrow Accounts And Ethics: What Lawyers Need To Know
Following up to this week’s informational forum and requests to learn more, join the Business Law Section of the New York State Bar Association for a continuing legal education program on what lawyers need to know now about FDIC Insurance, bank failures and escrow accounts. This program will carry 2.0 credits and includes 1.0 ethics credit.
Speakers will dispel myths that have developed and explain the federal government actions that resulted in paying depositors in full without concern for the $250,000 insurance limit. Learn more about what's happening with Signature Bank and Silicon Valley Bank. Get information about steps that should be taken to protect deposits in the event that the insurance limit is “reinstated,” with a special focus on escrow accounts.
Understand the interplay between IOLA accounts, escrow accounts and personal accounts when it comes to FDIC insurance, and the ethical considerations every lawyer should know.
- March 23, 2023
- 1:00 PM
- 3:00 PM
- Virtual Participation
- Jay L. Hack, Esq., Gallet Dreyer & Berkey, LLP
- Sara A. Kelsey, Sara A. Kelsey Law, PLLC, New York, NY, NYU School of Law
- Marjorie E. Gross, Esq., Law Office of Marjorie E. Gross
- Committee on Continuing Legal Education
- Business Law Section