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Cybersecurity Awareness Month – Understanding the Complexities of Cyber Insurance Coverage

Many traditional liability insurance policies have exclusions for cyber-related risks and stand-alone cyber insurance policies are the norm to cover cyber liabilities. Still, cyber insurance policies are not standardized to...more

The Risk of Government Investigations and Potential Liability Under the Paycheck Protection Program

Calls for vigorous government investigation under the $659 billion Paycheck Protection Program (PPP) of the CARES Act have begun. This occurs amidst reports that various publicly traded companies have been beneficiaries of...more

Anti-Price Gouging Laws to be Aware of During COVID-19 Emergency

Complaints of price gouging have surged in New York and throughout the country. Consumer protection statutes that prohibit price gouging exist in most states, and—like in New York—often go into effect automatically during a...more

Emergency Requirements for Residential Mortgage Forbearance and Elimination of Fees

On March 24, 2020, the New York State Department of Financial Services issued an emergency regulation detailing the requirements applicable to New York State regulated institutions to provide certain financial relief during...more

New State Requirements and Federal Guidelines Impacting Financial Institutions

In response to the COVID-19 emergency disaster, New York Governor Cuomo has issued a series of emergency measures affecting New York State regulated or licensed banking entities....more

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