Bank of America Claims Class Action Could Jeopardize Loans to Smaller Businesses

Bank of America Claims Class Action Could Jeopardize Loans to Smaller Businesses

A group from Williams & Connolly opposed a movement that will force Bank of America to end restricting applications underneath the federal government’s $349 billion relief system, in which smaller businesses get loans to keep afloat throughout the COVID-19 outbreak.

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Bank of America has looked to a group from Williams & Connolly to battle a court action so it claims would jeopardize the federal government’s $349 billion relief program by which small enterprises get loans to keep afloat through the COVID-19 outbreak.

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Amanda Bronstad

Amanda Bronstad could be the ALM staff reporter addressing course actions and mass torts nationwide. She writes the e-mail dispatch Critical Mass. She actually is located in Los Angeles.

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