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4th Circ. Urged To Revive BofA COVID Loan-Forgiveness Fight

By Katryna Perera (October 27, 2023, 7:39 PM EDT) -- A group of businesses that accused Bank of America of misguiding them on how to use the pandemic-era Paycheck Protection Program have asked the Fourth Circuit to reverse a district court's order forcing their suit into arbitration, saying the arbitration clauses in agreements they signed to open accounts with the bank do not apply to the PPP loans....

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