Bank of America States Class Action Could Jeopardize Loans to Small Enterprises


Bank of America States Class Action Could Jeopardize Loans to Small Enterprises

A group from Williams & Connolly opposed a movement that could force Bank of America to quit restricting applications underneath the federal government’s $349 billion relief system, by which small enterprises get loans to remain afloat through the outbreak that is COVID-19.

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Bank of America has looked to a group from Williams & Connolly to battle a court action it states would jeopardize the federal government’s $349 billion relief system for which smaller businesses receive loans to keep afloat through the outbreak that is COVID-19.

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