Bank of America States Class Action Could Jeopardize Loans to Smaller Businesses
A group from Williams & Connolly opposed a movement that will force Bank of America to get rid of restricting applications beneath the federal governmentâ€™s $349 billion relief system, by which small enterprises get loans to remain afloat throughout the outbreak that is COVID-19.
Thank you for sharing!
Bank of America has looked to a group from Williams & Connolly to battle a court action so it claims would jeopardize the federal governmentâ€™s $349 billion relief system for which smaller businesses get loans to keep afloat throughout the COVID-19 outbreak.
Desire to continue reading?Become a free of charge ALM Digital Reader.
Advantages of a Digital Membership:
Free use of 3 articles* every thirty day period
Access to the whole ALM system of sites
Limitless use of the ALM suite of newsletters
Develop customized alerts on any search subject of one’s choosing
Re Re Re Search by a range that is wide of
*May exclude premium content currently have a free account? Check In Now
Amanda Bronstad may be the ALM staff reporter addressing course actions and mass torts nationwide. The email is written by her dispatch Critical Mass. This woman is situated in Los Angeles.
Law Offices Mentioned
A regular, curated choice of our worldwide content from around the world, over the company of legislation, in-house, regulatory, technology and much more, with expert insights from our senior editors.
Judge Issues Plaintiffs’ Straight To Sue Over CARES Act Loan Program
With what will be the first court interpretation regarding the federal governmentâ€™s $2 trillion COVID-19 stimulus package, a federal judge showed up reluctant to grant a short-term restraining order against Bank of America over its application procedure. […]