Lawsuit seeks to halt new EB-5 regulations
The lawsuit argues the increased amounts will deter foreign investors from the program
In a case with far-reaching implications, an EB-5 regional center claims the new rules that are designed to clamp down on abuse violate the Constitution
Less than a month after the new EB-5 rules came out, a Florida regional center has filed a motion in federal court, seeking a temporary restraining order to halt enforcement.
https://therealdeal.com/2019/12/04/lawsuit-seeks-to-halt-new-eb-5-regulations/
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