On January 6, 2021, the U.S. Little Company Administration and the Office of Treasury introduced interim ultimate principles linked to the growth and extension of the first Paycheck Safety Software (PPP) and the authorization of a 2nd round of PPP loans pursuant to the $900 billion COVID-19 relief package (the […]
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Banking institutions Headed for Overall Victory in Agent Charges Class Actions | Balch & Bingham LLP
Two times this yr, Balch & Bingham documented on the wave of “Agent Fee” class steps against loan providers who designed PPP loans beneath the CARES Act. At just one position, there were about sixty such lawsuits unfold across the federal courts, alleging that banking institutions were essential to pay back CPAs […]