EB-5 News & Updates #113 February 14-21

Posts

Investors Repaid in EB5 Capital’s 7th and 8th Projects, Completing Their EB-5 Investment Cycle
EB5 Capital announced today it has fully repaid eligible investors in its 7th and 8th projects, successfully completing their EB-5 investment process. The full investment amount has been returned to investors as they have completed...
For Cause Removal Must Be For Cause
In A&J Capital, Inc. v. Law Office of Krug, Civil Action No. 2018-0240-JRS (Del. Ch. January 29, 2019), the Delaware Court of Chancery granted an LLC manager a final declaratory judgment that the manager had been improperly removed,...

Updates

Firms Updates
President Signs Appropriations Legislation Extending EB-5 and More Government Functions
Congress approved the Omnibus Appropriations legislation on Feb. 14, 2019.  On Feb. 15, the president signed the legislation into law and announced additional executive actions to further address needs the Administration has identified at...
EB-5 February 15th Update: What Investors can Expect for the Future of EB-5
As part of the agreement by Congress and the president to end the government funding stalemate, the EB-5 program will be authorized thru September 30, 2019. Many may be aware that over the past few months Iowa Rep. Steve...
Defamation Lawsuit Over $2.5B Times Square Project Pits Billion-Dollar EB-5 Fund Against 2 Feisty Critics
For the past decade, some of America's biggest real estate projects have been built with hundreds of millions of dollars borrowed from foreign investors. The EB-5 visa program encourages foreigners to fork over $500K a pop and be...
EB-5 Alert! EB-5 Extended Through September 30, 2019
On February 15, President Trump signed the Consolidated Appropriations Act, 2019 thereby averting another government shutdown. The spending bill funds the federal government and extends the EB-5 Regional Center Program authorization through...
Project Updates
by Chloe. launches CBD-Infused Vegan Chocolate Bar
Brooklyn-based chocolatier FINE & RAW teamed up with vegan fast-casual chain by CHLOE. to launch dairy-free artisanal chocolates –...
BY Chloe'S New Range Of CANNABIS-Infused Food
Vegan fast food restaurant By Chloe is launching a range of cannabis-infused puddings in London. The restaurant’s...

Litigation Cases

A&J CAPITAL, INC., vs LAW OFFICE OF KRUG, LA METROPOLIS CONDO I, LLC, a Delaware limited liability company

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