EB-5 News & Updates #154 November 28 - December 05
Projects
 | CMB Infrastructure Investment ... | |
| Grand Bohemian Hotel (Hotel building and associated Civic Improvement required by City) (“Project”) is a boutique hotel project to be developed on 44 East Camperdown Way, Greenville, South Carolina. This unique hotel will become the premier venue in Greenville for social events and weddings. The... | ||
Posts
 | A federal program to boost struggling businesses is a backfiring embarrassment | |
| he Anacostia neighborhood in Washington, D.C., as seen on Dec.7. While some communities are benefiting from a federal contracting program that tries to level the playing field by giving under-served communities a chance to procure... | ||
 | EB-5 Targeted Employment Area Designation Changes | |
| In addition to raising the EB-5 Program minimum investment amounts, the new EB-5 Modernization Regulation that went into effect on November 21, 2019, changed how targeted employment areas are designated. Here is a very basic overview of... | ||
 | GOP Sen. Mike Rounds Pushes EB-5 Visa Bill Which Aids Chinese, Indian Migrants, Coastal Cities | |
| South Dakota GOP Sen. Mike Rounds has drafted a bill that would help wealthy Chinese buy citizenship — and would also help steer investment away from the heartland states towards the increasingly wealthy states on the coasts. The... | ||
Updates
Project Updates | ||
 | Glenn Straub loses appeal on Palm House sale | |
| Glenn Straub and the Palm House Hotel The creditors of the Palm Beach condo-hotel project that was once at the center of South Florida’s... | ||
 | Goldberg seeks to quiz lawyers over alleged fraudulent sale of Jay Peak | |
| Jay Peak’s receiver is trying to force attorneys for the Canadian company that formerly owned the resort to answer questions about what... | ||
 | Lucky Dragon’s foreign investors demand refund | |
| The Lucky Dragon located at 300 W. Sahara Avenue in Las Vegas on Tuesday, Sept. 18, 2018. Richard Brian Las Vegas Review-Journal Lucky... | ||
 | Defendant Blasts Akerman Receiver’s $260M Legal Malpractice Lawsuit | |
| Jay Peak, Vermont ski resort Levine Kellogg is facing off against Gunster in the lawsuit tied to fraud at Vermont's Jay Peak ski resort.... | ||
Firms Updates | ||
 | Can the S.E.C. Force Repayment of Ill-Gotten Gains? | |
| The defendants in Liu vs. S.E.C., which the Supreme Court will review, diverted $26 million they raised from the investors. The regulator will argue before the Supreme Court that judges can order a defendant to disgorge money obtained by... | ||
 | EB5 Industry 2019 - Where Are We Now? | |
| Saul Ewing Arnstein and Lehr LLP has been extremely active in navigating the current status of the EB5 industry and determining what courses of action need to be taken given the existence of the new regulations ("New Regulations" or "REGS"), the... | ||
 | USCIS proposes a huge increase in filing fees: file your applications now! | |
| On November 14, 2019, the USCIS issued a proposed regulation which would substantially increase filing fees for many types of immigration benefits. “USCIS is required to examine incoming and outgoing expenditures, just like a business,... | ||
Regional Center Updates | ||
 | Feds Hit With 1st Challenge Over EB-5 Program Changes | |
| A Florida-based company that assists foreign investors has lodged the first challenge to the Trump administration's overhaul of the EB-5 investor visa program, accusing the U.S. Department of Homeland Security of ignoring the economic impact of... | ||
 | 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... | ||
Litigation Cases
| Florida EB5 Investments Regional Center vs Chad Wolf, Kenneth T. Cuccinelli, Edie Pearson | ||
Questions
Videos
Birch Tradepoint Atlantic Vietnam
February 20, 2020
Pennsylvania Turnpike Construction explained
June 15, 2017
Sen. Patrick Leahy, D- VT, answers questions about EB5 fraud allegations surrounding Jay Peak resort owner Ariel Quiros and President and CEO Bill Stenger.
February 23, 2017
Project Introduction
March 02, 2017
Nov 14 EB-5 Projects Live - Lok'N'Blok
November 16, 2016
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