EB-5 News & Updates #185 July 02-09


The Pandemic’s Five Silver Linings for the EB-5 Program
The Pandemic’s Five Silver Linings for the EB-5 Program The unprecedented toll that the COVID-19 pandemic has taken affected many lives throughout the globe. Lives lost, dreams shattered, economies crumbled and, unemployment has soared....


User Updates
Jay Peak receiver’s bill for EB-5 cleanup now tops $8M
Michael Goldberg, the court-appointed receiver in the EB-5 fraud case, speaks at a Statehouse news conference April 13, 2017.  The cost for attorneys and financial professionals for the clean-up so far from the Jay Peak investor fraud...
Project Updates
A plan to get the Coliseum, Nassau Hub back on track
Nassau County’s decision to issue an order of default this week to the operator of Nassau Coliseum — and threaten to terminate the lease...
NY Wheel investors working to bring smaller wheel to St. George site
A smaller version of the New York Wheel -- formerly declared dead in October 2018 after estimated costs for the privately-funded project...
Firms Updates
After High Court's Liu Ruling, Calif. Co. Seeks SEC Relief
A health care company and its partial owners asked a California federal judge to review a $5.4 million disgorgement order they face in U.S. Securities and Exchange Commission suit, arguing the U.S. Supreme Court's recent LIU decision...

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