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Agent Fees and the Payment Protection Program
Category: Banking & Finance, Business, Class Action, Coronavirus (COVID-19), Legislative Updates
Last week, Arkansas saw its first class action where “agents” claimed entitlement to payment of fees under the Payment Protection Program (PPP).[1] This class action illustrates another area of confusion surrounding the administration of the CARES Acts (the “Act”). Congress created the PPP as part…
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COVID-19 Lawsuits: Current Trends and What We Can Expect
Category: Banking & Finance, Class Action, Coronavirus (COVID-19), Litigation
In the less than two-month period since the first confirmed case of COVID-19 was reported in the United States, courts at both the state and federal levels have seen a steady rise in the number of COVID-19 lawsuits filed. The first of these lawsuits was filed on March 9, by a couple quarantined on…
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