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

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

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

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