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$318 Million Repaid to EB-5 Investors in New York City Regional Center Offerings
The New York City Regional Center (“NYCRC”) is pleased to announce that a total of $318 million in loan proceeds has now been repaid to EB-5 investors in previous NYCRC offerings. The resulting job creation from these previous offerings ena...The New York City Regional Center (“NYCRC”) is pleased to announce that a total of $318 million in loan proceeds has now been repaid to EB-5 investors in previous NYCRC offerings. The resulting job creation from these previous offerings ena... -
Delaware Chancery: For Cause Removal Must Be For Cause
In A&J Capital v Law Office of Krug Delaware Chancery found LLC manager improperly removed, ordered reinstatement, operating documents only allow for cause removalIn A&J Capital v Law Office of Krug Delaware Chancery found LLC manager improperly removed, ordered reinstatement, operating documents only allow for cause removal -
EB-5 investors sue NY developer for $50M over failed Chicago tower project
A group of Chinese investors is suing a developer to return some $50 million invested in a failed River North tower project. The 60 investors each contributed $550,000 to the Chicago project in hopes of securing an American visa through the federal E...A group of Chinese investors is suing a developer to return some $50 million invested in a failed River North tower project. The 60 investors each contributed $550,000 to the Chicago project in hopes of securing an American visa through the federal E... -
EB-5 Program During Government Shutdown: Facts Investors Need to Know
JUPITER, Fla., Jan. 18, 2019 /PRNewswire/ -- The EB-5 Regional Center Pilot Program was established in the United States in 1994 and enables foreign investors...JUPITER, Fla., Jan. 18, 2019 /PRNewswire/ -- The EB-5 Regional Center Pilot Program was established in the United States in 1994 and enables foreign investors... -
Jay Peak now for sale: Can it go for $250 million to repay investors?
Jay Peak is now for sale and should generate a lot of interest among potential buyers, but can it sell for the $250 million investors are owed?Jay Peak is now for sale and should generate a lot of interest among potential buyers, but can it sell for the $250 million investors are owed? -
Jay Peak receiver presses ahead with resort's sale
A judge approved a request to hire a Los Angeles-based firm to help with the sale, which receiver Michael Goldberg anticipates could take place as early as this summer.A judge approved a request to hire a Los Angeles-based firm to help with the sale, which receiver Michael Goldberg anticipates could take place as early as this summer. -
How Does the Government Shutdown Affect Immigration?
USCIS is a fee-funded agency so if the government shuts down, it is generally business as usual. The exception to this is those programs that receive appropriated funds – E-Verify, the EB-5 Immigrant Investor Regional Center Program, Conrad 3...USCIS is a fee-funded agency so if the government shuts down, it is generally business as usual. The exception to this is those programs that receive appropriated funds – E-Verify, the EB-5 Immigrant Investor Regional Center Program, Conrad 3...
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