At-risk with call option and preferred return? — updated

2018/01/26 4:52am

USCIS more or less laid this issue to rest with an update to the USCIS Policy Manual. Regarding redemption provisions only exercisable by the new commercial enterprise, the PM now states that “USCIS generally does not consider these arrangements to be impermissible debt arrangements,” with footnote to Kurzban’s Chang v. USCIS case.

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