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Home / Opinion Digests / Minority-Owned Business Can Sue City Over Loan (access required)

Minority-Owned Business Can Sue City Over Loan (access required)

A minority-owned business states a plausible racial bias claim under 42 U.S.C. § 1981 against the city of Greensboro, N.C., for allegedly granting, then denying a $300,000 economic development loan to the business, because the city would grant the loan with a second-position lien on a BNT principal’s home, but not with a third-position lien ...