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Home / Opinion Digests / No ECOA Standing from Minority-Enterprise Status (access required)

No ECOA Standing from Minority-Enterprise Status (access required)

In this suit by an Indian business man and his four businesses alleging a claim against a commercial lender under Virginia’s Equal Credit Opportunity Act, a Fairfax Circuit Court says the minority-owned business certification of two of the corporate plaintiffs does not create standing to allow their suit under the ECOA. Plaintiffs analogize to cases brought ...

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