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

Thank you for sharing!

Bank of America has looked to a group from Williams & Connolly to fight a court action so it states would jeopardize the federal government’s $349 billion relief system by which small businesses get loans to remain afloat throughout the COVID-19 outbreak.

Like to continue reading?
Become a free of charge ALM Digital Reader.

Advantages of a Digital Membership:

  • Free use of 3 articles* every thirty days
  • Use of the entire ALM network of internet sites
  • Limitless usage of the ALM suite of newsletters
  • Develop custom alerts on any search subject of one’s selecting
  • Search by a range that is wide of

*May exclude premium content
currently have a merchant account? Register Now

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’s situated in l . a ..

Dig Deeper

Law Offices Mentioned

Trending Stories

International Briefing

A regular, curated choice of our worldwide content from about the planet, over the company of law, in-house, regulatory, technology and much more, with expert insights from our senior editors.

Recommended Tales

Judge Issues Plaintiffs’ Right to Sue Over CARES Act Loan Program

A federal judge appeared reluctant to grant a temporary restraining order against Bank of America over its application process in what could be the first court interpretation of the federal government’s $2 trillion COVID-19 stimulus package.

More Pay Cuts and Furloughs, Calls for Paperless SCOTUS, Weirdness of Remote contracting: The Minute morning

Day here’s the news you need to start your.

Nationwide Law Journal

US Supreme Court Sets Sound Arguments for Choose Situations in Might

The justices stated they’d hear in can include the dispute over Trump’s monetary documents, an Obamacare instance as well as the debate over “faithless electors. one of the instances”

Featured Companies

Presented by BigVoodoo

Class Actions: What The Law States of 50 States Book

State and federal court course action professionals alike will find Class Actions: what the law states of 50 States become a reference tool that is invaluable. Class Action Report.

Banking Litigation & Regulation Forum 2020 Event

Delivers the important thing insights and practical methods to acutely deal with the complex minefield of British banking litigation & legislation.

BTI – Bank & Capital Markets Tax Institute 2020 Event

BTI provides tax that is leading from finance institutions with unmatched tools and resources.

More from ALM

Why Attorneys Should fret with Financial Crimes Danger

Present tips around economic criminal activity conformity spot increased stress on the industry that is legal. Safeguard your lawyer from economic crimes danger by using these Anti-Money Laundering (AML) conformity guidelines.

2020 Ediscovery Buyer that is corporate Guide

Ediscovery solutions are critical assets. Enhance this guide to your vendor evaluations and probing questionnaire to assist your appropriate team pinpoint a dependable partner, not only a fancy solution.

How exactly to Critically Evaluate Ediscovery Vendors: 5 tough concerns to Ask

Learn the five difficult concerns you need to ask ediscovery pc software vendors that look beyond function contrast, and dive deeper in to the value supplied to greatly help your business discover the most useful fit.

Premium Subscription

Using this membership you certainly will get unlimited use of top quality, on line, on-demand premium content from well-respected faculty into the appropriate industry. This will be ideal for lawyers certified in numerous jurisdictions or even for solicitors which have satisfied their CLE requirement but have to access information that is resourceful their training areas.

Team Accounts

All of us Account registration solution is for legal groups of four or maybe more solicitors. Each lawyer is given unlimited use of top quality, on-demand premium content from well-respected faculty into the appropriate industry along side administrative access to effortlessly handle CLE for the team that is entire.

Bundle Subscriptions

Get access to a few of the most knowledgeable and attorneys that are experienced our 2 bundle choices! Our Compliance bundles are curated by CLE Counselors you need to include present topics that are legal challenges in the industry. Our second item permits you to construct your bundle and strategically find the content that concerns your requirements. Both choices are priced the exact same.

From Information to Choices

Dynamically explore and compare information on law offices, businesses, specific attorneys, and industry styles.

Exclusive Depth and Go.

Legal Compass includes usage of our exclusive industry reports, combining the unmatched expertise of ALM’s deep bench to our analyst team of proprietary information to deliver insights that can’t be found any place else.

Big Images and Fine Details

Legal Compass delivers you the complete range of data, through the positions regarding the Am Law 200 and NLJ 500 to intricate details and evaluations of businesses’ financials, staffing, clients, news and occasions.

Asking Ladies Management in Technology Awards 2020

Might 14, 2020
Bay Area, CA

Acknowledging ladies leaders in technology for excellence across Leadership, Client Service and Innovation.

Canadian Fixed Income Investments in Pensions Forum

June 03, 2020
Toronto, Ontario

Tackle challenges & opportunities within fixed earnings as a result of low interest, not enough liquidity and a weakened Canadian buck.

Consulting Top 25 Consultants 2020

11, 2020
New York, NY june

Consulting Magazine identifies professionals which have the biggest effect on the consumers, companies together with occupation.

How exactly to Strengthen your company Resiliency with Data Privacy Strategy plus it Infrastructure Alignment

Sponsored By: FTI Asking http://speedyloan.net/uk/payday-loans-cbf |

Webcast Date: Wednesday, might 6, 2020 | In the current state of doubt, company resiliency is top of head for a lot of companies; nevertheless, most are struggling to articulate what which may seem like and what you can do when you look at the near term to quickly attain it.

Am Law 100: styles, Insights & just exactly How businesses are placed For the worldwide Economic Reset

Presented by: The United States Lawyer | Sponsored by: IMS Expert Services and Wells Fargo |

Webcast Date: Tuesday, April 21, 2020 | Join ALM’s upcoming webcast and stay one of the primary to have a deep plunge to the exclusive insights and trends unveiled inside our Am Law 100 data and exactly how businesses stay starting an extremely various 2020. Listen through the editorial and cleverness groups behind the report at the time it is released.

Our New Reality: Virtual ADR Is Here and able to help lawyers in Resolving Disputes

Sponsored by: Nationwide Arbitration and Mediation |

Webcast Date: Thursday, April 30, 2020 | Now that we all have been up against the fact of social distancing, it really is imperative that individuals utilize technology to keep working while sticking with the federal government laws.

Assoc. General Counsel, Life Sciences – (U.S. remote)

Teaneck, Nj-new Jersey, United States Of America

Cognizant is seeking a Senior-level (Director or Senior Director) Life Sciences Regulatory Attorney situated in Dallas, Denver or Teaneck. You .

Litigation Associate Attorney

Hartford, Connecticut, Usa

Litigation firm, mainly protection, is looking for a co-employee with 1-5 years’ experience. Should be admitted to train in Connecticut. Excelle.

Attorney

Newark, Nj-new Jersey, United States Of America

Gibbons seeks a co-employee with 3-6 many years of pharma/medical unit and mass tort litigation experience. Exemplary writing abilities required. N.

FISHER POTTER HODAS

04/13/2020
DBR Internet

Fisher Potter Hodas proudly welcomes Gerry towards the company

PICCIANO & SCAHILL Computer

04/10/2020
NYLJ Online

Scahill Law Group P.C. mourns the passing of a legend, and our mentor, Judge John A. Milano

PICCIANO & SCAHILL Computer

04/09/2020
NYLJ Online

Scahill Law Group P.C. mourns the passage through of a legend, and our mentor, Judge John A. Milano

ALM Legal Publication Newsletters

Subscribe and Never Miss Another Story today.

In the electronic account, you can join a limitless wide range of an array of free newsletters. See your My Account web web page in order to make your choices. Have the prompt appropriate news and critical analysis you can not manage to miss. Tailored only for you. In your inbox. Everyday.