Blogs

On April 23, 2024, by a close 3-2 vote, the Federal Trade Commission (“FTC”) issued a final rule with a retroactive effect banning non-compete clauses nationwide (“New Rule”). Unless legal challenges delay or block enforcement, the New Rule become effective 120 days after publication in the Federal Register. According to the FTC, the New Rule...

When raising capital, establishing meaningful relationships with investors is essential for success. For private offerings under Rule 506(b) of Regulation D of the Securities Act, this concept is especially imperative. Rule 506(b) exempts issuers of private offerings from the extensive disclosure requirements in public offerings. Unlike Rule 506(c), which permits general solicitation, Rule 506(b) allows...

The America Immigrant Investor Alliance (AIIA) has recently released data on EB-5 supply and demand for reserved or set-aside categories. This data was obtained from USCIS through various Freedom of Information Act (FOIA) requests. This information is crucial for estimating and predicting wait times for prospective investors interested in the visa set-aside categories. Since the...

Introduction: A group of immigrants and employer groups filed a lawsuit against the exponential fees increase proposed by USCIS scheduled to take effect from April 1, 2024. This case was filed by the Plaintiffs Samantha Moody, American Immigrant Investor Alliance (AIIA), and IT Service Alliance at The District court of Colorado. This case addresses significant...

Securing a green card via a family sponsor entails the Petitioner, either a US Citizen or US Permanent Resident, initiating a petition for their spouse, parent, child/son/daughter, or sibling. This petition is filed using Form I-130, known as the Petition for Alien Relative. Regardless of the relationship basis for the petition, the following list highlights...

Introduction. This case study delves into the successful EB-1A approval of an exceptional individual who made significant contributions to their field, revolutionizing network analytics and performance reporting systems. Background: The Petitioner with over two decades of experience in the telecommunications industry, had a distinguished career at a leading telecommunications company. During their tenure, they led...

In 2023, private equity firms faced significant challenges amidst a static market, soaring inflation, elevated interest rates, and slow deal activity. This confluence of factors resulted in an abundance of dry powder held by private equity firms. Such abundance, coupled with anticipated stabilization in the market and increased demand leaves experts anticipating increased M&A activity...

At the beginning of the new year, the Corporate Transparency Act (“CTA”) went into effect, burdening 32 million businesses to submit certain beneficial ownership information (“BOI”) in reports filed with the Financial Crimes Enforcement Network (“FinCEN”). You can find a detailed summary of the CTA and BOI reporting requirements here. Many affected parties have voiced...