Darley International LLC vs South Dakota International Business Institute (SDIBI)
Views: 3223
Darley International LLC | vs. |
Filing Date:October 06, 2014
Case:Darley International LLC Vs. South Dakota International Business Institute
Jurisdiction:Federal District Court for the Central District of California
Status:Resolved
Civil / Criminal:Civil
Retaliation
The South Dakota Board of Regents said Friday that a California arbitrator has denied its attempt to recover attorney fees and costs in a lawsuit related to the state's EB-5 investment-for-green card program. Arbitrator Robert Baines in early October dismissed the breach-of-contract lawsuit filed against the state in 2008 by California-based Darley International. The company once had an agreement to recruit investors in China for EB-5 projects in South Dakota. Baines ruled that a public business institute at Northern State University that ran the EB-5 program in South Dakota at the time was legally justified in ending the contract.
News & Updates
Securities Disclaimer
This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.