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Tag: EB-5 Program

Jay Peak Receivership scandal with a briefcase full of money.

Jay Peak Receivership: Effective Defense of Fraudulent Transfer Actions

  Immigration lawyers who practice in the EB-5 industry need to be aware that the Jay Peak receivership litigation is substantially more than just a black eye for the industry, and a problem for the investors who invested in the latest tranches of Jay Peak projects.  While those in the latest tranches lost their investments…
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President Obama signed the Continuing Resolution

EB-5 Regional Center Program Extended Until December 9, 2016

Continuing Resolution President Obama signed the Continuing Resolution (CR) on September 29th, continuing the EB-5 program at least until December 6th, 2016, with no substantive changes to the law. If you aren’t familiar with the CR, it is a short-term plan by Congress in order to keep the government open. This included programs funded by…
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