8:15 – 8:45 a.m.
JOIN ONLINE

8:45 – 9:00 a.m.
Welcome & Introduction
– Karen L. Grandstrand & Sheri A. Ahl, Institute Co-Chairs

9:00 – 9:45 a.m.
MORNING KEYNOTE ADDRESS
A Conversation with U.S. Senator Pat Toomey
A discussion of the prospects for federal banking legislation in 2021 and beyond.
– U.S. Senator Pat Toomey
– Joseph T. Green (moderator)

9:45 – 9:50 a.m.
BREAK

9:50 – 10:50 a.m.
Perspectives on the Fed’s Liquidity Programs in Response to the Pandemic
Niel Willardson, Senior Vice President and General Counsel, Federal Reserve Bank of Minneapolis, will discuss the Federal Reserve’s broad-based response to the pandemic, with a particular focus on the Fed’s liquidity programs. The presentation will include comparisons to programs from the 2008 financial crisis, along with new programs implemented to respond to the economic challenges faced by businesses and their employees and others.
– Niel D. Willardson

10:50 – 11:00 a.m.
BREAK

11:00 – 11:45 a.m.
An Industry Perspective: Key Trends and Developments in Minnesota Banking
An update on important legislative and regulatory developments in Minnesota banking and what to expect going forward.
– Teresa E. Rice & Joseph J. Witt

11:45 a.m. – 12:15 p.m.
LUNCH BREAK

12:15 – 1:00 p.m.
AFTERNOON KEYNOTE ADDRESS
Critical Consumer Protection Issues in 2021
Join our esteemed panel as they identify the key consumer protection issues for 2021 from both a federal and Minnesota perspective. This session will provide a regulatory overview of the enforcement actions that state and federal regulators bring most frequently. This session will also address the impact of the COVID-19 pandemic on consumer protection laws as well as new federal and state legislation on the horizon.
– Attorney General Keith M. Ellison, Professor Prentiss E. Cox & John J. Schroeder

1:00 – 1:10 p.m.
BREAK

1:10 – 2:10 p.m.
SMALL GROUP SESSION A

101
Transitioning from LIBOR – 2021 Update 
A panel of in-house and outside banking lawyers will continue their discussion of the transition away from LIBOR, including transition timeline, remediation strategies, legislative developments, ISDA Protocol and SOFR and other replacement rate options.
– Sheri A. Ahl, Marc A. Horwitz, Matthew A. Martel, James M. Pfau, Rebecca G. Sluss & Sara N. Stenberg

102
eSignatures and Banking: Laws and Tools of the Trade
The changes arising from the pandemic have accelerated the adoption and acceptance of electronic signature tools, even in the field of banking that is traditionally cautious. Our panel will provide a review of the law of electronic signatures and the history that underlies it, and then review the adoption and concerns of some of the primary tools used in financial settings.  
– Michael F. Fleming, Douglass B. Hiatt & Kristen E. Larson

103
Ethics: Managing Ethics, Negativity and Stress in the Legal Profession
1.0 ethics credit applied for
Our duties as lawyers and zealous advocates can put us in the line of fire of difficult parties and opposing counsel, while requiring us to maintain the integrity of the profession and respect the rights of others. Lawyers frequently deal with contentious litigation, looming deadlines, and ever-increasing workloads. We find ourselves surrounded by negativity and stress yet are held to high ethical standards. These factors may negatively affect how we conduct ourselves, both personally and professionally. The pandemic, social unrest, and trauma and uncertainty in the face of institutional racism, economic downturn, and a hostile political climate multiplies the impact on our health. This CLE will focus on how stress, negativity and ethical duties can all affect each other and how we, as attorneys, can better manage those areas of our practice and in our lives.
– Chase L. Andersen & Judith M. Rush

2:10 – 2:25 p.m.
BREAK

2:25 – 3:25 p.m.
SMALL GROUP SESSION B

201
PPP Loans: Forgiveness, the Evolving Regulatory Landscape and Enforcement Risks
This presentation will focus on the constantly changing legal landscape surrounding PPP loans under the Cares Act. The presenters will discuss the PPP program rules, loan forgiveness, SBA audits and necessity questionnaires. The discussion will also include a focus on Department of Justice enforcement strategies and actions, including criminal prosecutions and civil False Claims and FIRREA liability risks for lenders and borrowers.
– Dulce J. Foster & Truman W. Schabilion

202
Patent Litigation Risks and Trends in the Financial Services Industry
As financial services companies and banks develop and implement new technologies to make transactions easier and more efficient for their customers there is a growing risk of patent litigation. Recently, financial institutions have faced numerous patent infringement lawsuits focusing on critical day-to-day operations. The targeted technologies relate to transaction and data processing as well as remote and mobile banking systems. As the financial services sector continues to use and adopt novel and mobile technologies, this litigation trend is likely to continue. Join two patent litigation experts as they discuss recent cases and developments as well as their predictions for what lies ahead in this area.
– Felicia J. Boyd & Jonathan R. Spivey

203
Elimination of Bias: Removing Barriers to Financial Inclusion
1.0 elimination of bias credit applied for
Representatives from the Office of the Comptroller of the Currency (OCC) will discuss the OCC’s Project REACh initiative to promote financial inclusion through greater access to credit and capital. This session will also feature James Stevens, an attorney with Troutman Pepper, who has represented several clients who have formed de novo banks and other non-bank financial service providers to close the gap on access to credit. Learn how the OCC and other private banks and financial institutions are confronting economic injustice and reducing barriers that prevent full, equal and fair participation in the nation’s economy.
– Andrew Moss, Jerry Savoy & James W. Stevens

3:25 – 3:35 p.m.
BREAK

3:35 – 4:20 p.m.
The Annual Banking Law Case Update
One more time! The traditional update on consumer and commercial case law developments in the past year.
– Michael A. Cavallaro & Leah C. Janus

LIVE WEBCAST
Friday, April 16, 2021
Attend online

IN-PERSON REPLAYS
There are no in-person replays.

$295 MSBA members / $295 paralegals / $355 standard rate

Other discounts that may apply:

• Season Pass Discount
• New Lawyer Discount

Scholarships available!
Need-based scholarships are available for in-person and online seminars. For further information or to obtain a scholarship application, contact us at 800-759-8840 or customerservice@minncle.org.

Minnesota CLE is applying to the Minnesota State Board of CLE for 6.0 CLE credits, including 1.0 ethics credit for session #103 and 1.0 elimination of bias credit for session #203. The maximum number of total credits attendees may claim for this program is 6.0 credits.