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 cease restricting applications beneath the federal government’s $349 billion relief program, for which small enterprises get loans to keep afloat through the COVID-19 outbreak.

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

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