This article is co-authored by Daniel B. Lundy, Esq., of Klasko Immigration Law Partners, LLP. His Firm’s blog is available here. WHAT TO DO IF YOU SUSPECT YOUR EB-5 PROJECT IS IN TROUBLE By: Catherine DeBono Holmes, Esq., Daniel B Lundy, Esq. and Jeffrey E. Brandlin, CPA, CIRA, CFF Managers and Investors in EB-5 Investment…
This article is co-authored by Daniel B. Lundy, Esq., of Klasko Immigration Law Partners, LLP. His Firm’s blog is available here. The USCIS stated in a stakeholder call on July 28, 2016 that minors can be primary applicants on I-526 petitions for visas under the EB-5 Program, but bear the burden of…
The EB-5 Securities Law Roundtable, a group of securities lawyers from several different law firms around the United States, has been working jointly to provide comments to legislation that we expect will be proposed by Congress to improve the integrity of the EB-5 program. The focus of the Roundtable has…
By: Catherine DeBono Holmes, Esq. and Bernard P. Wolfsdorf, Esq. The delay in processing EB-5 immigrant visas caused by the increasing waiting line commonly referred to as “retrogression” is causing an increase in demand by parents in China to have their minor children named as the primary applicant on I-526…
Good for raising capital in California, but contrary to current SEC policy for transactions outside California On October 10, 2015, the Governor of the State of California approved California Assembly Bill 667, which will legalize the payment of finder’s fees by an issuer of securities to a person who introduces…
Catherine DeBono Holmes, Chair of JMBM’s Investment Capital Law Group, will be speaking at the 2015 AILA EB-5 Investors Summit, at the Venetian Resort Hotel Casino in Las Vegas, which takes place August 27-28, 2015. The conference is focused on “Representing EB-5 Investors & Regional Centers”. Cathy will participate on…
By Catherine DeBono Holmes, Esq. On June 23, 2015, the Securities and Exchange Commission (“SEC”) announced that it had entered into an Offer of Settlement with Ireeco, LLC and Ireeco Limited, finding that their activities constituted a violation of Section 15(a)(1) of the Securities Exchange Act of 1934 (the “Exchange…
By Catherine DeBono Holmes, Esq. and Victor T. Shum, Esq. The proposed Senate Bill reauthorizing the EB-5 Regional Center Program would restrict the types of projects that can be funded with EB-5 financing and amount of funds that can be raised with EB-5 financing. The Senate Bill, entitled “American Job…
Hotelier Roadmap to EB-5 Financing for New Hotel Construction, Expansion or Renovation: Ten Steps to a Successful EB-5 Offering This article was first published in EB5 Investors Magazine. The EB-5 investor visa program allows non-U.S. persons to invest $500,000 (or $1,000,000) in a business that is expected to create at…
The Basic Rules of Website Advertising for EB-5 Securities Offerings By Catherine DeBono Holmes, Esq. and Victor T. Shum, Esq. EB-5 securities issuers, sponsors and others who market EB-5 securities often want to use websites to provide information to potential investors regarding their past and current EB-5 projects. When using…