3rd Circ. Suggests COVID Loan Law Vexed By 'Vagueness'

By Carla Baranauckas ( December 3, 2025, 5:55 PM EST) -- The Third Circuit on Wednesday flagged ambiguities in the federal law governing pandemic relief for businesses in the case of an IT services company seeking forgiveness of a $7.2 million loan for payroll costs, with one judge suggesting the "vagueness and confusion" resulted from hasty policymaking during the COVID-19 emergency....

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