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

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

A group from Williams & Connolly opposed a movement that could force Bank of America to avoid restricting applications underneath the federal government’s $349 billion relief system, by which smaller businesses get loans to keep afloat throughout 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 so it claims would jeopardize the federal government’s $349 billion relief system by which smaller businesses receive loans to remain afloat throughout the outbreak that is COVID-19.

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