New York State Bar Association Offers CLE on Recent Bank Closures, Escrow and Ethics for Attorneys
The chaos surrounding Signature, First Republic and Silicon Valley banks in the past week is making it difficult for lawyers and clients to know how to respond.
The New York State Bar Association is offering a webinar Bank Closures, the FDIC, Escrow Accounts and Ethics – What Lawyers Need to Know Now. It will take place Thursday, March 23, from 1 p.m. to 3 p.m.
Panelists at the CLE will discuss what to do about all types of bank accounts including escrow accounts, what clients with money in these banks need to know and how the actions of the Federal Deposit Insurance Corporation will impact decisions lawyers need to make. The CLE is being sponsored by the association’s Business Law Section.
“We make it our business to educate lawyers and provide information to assist them in representing their clients,” said Sherry Levin Wallach, president of the New York State Bar Association. “Providing timely information is one of the ways we make it easier for our members to practice law.”
The list of presenters is still being finalized. Both NYSBA members and non-members may register here. If you cannot attend, a video recording will be available for purchase.
On Tuesday, March 14, NYSBA held a free event on Government Closures of Silicon Valley Bank and Signature Bank. You can watch that program here.