EB-5 News
18/04/12
This article is also published at LexisNexis and ILW ~ LexisNexis: http://www.lexisnexis.com/community/corpsec/blogs/vent-cap-blog/archive/2012/04/16/the-practical-implications-of-the-jobs-act-for-eb-5-practice.aspx ILW: http://www.ilw.com/articles/2012,0420-song.shtm#bio Posted by Yi Song On March 22, 2012 in Washington, DC, the “Jumpstart Our Business Startups” (JOBS) Act was passed by the Senate, following its passage on March 8, 2012 by the House of Representatives. President Obama [...]
17/04/12
An Regional Center (RC) in New Orleans is being sued in Federal Court by 27 EB-5 Investors. Allegedly defendants, William B. Hungerford Jr. and Timothy O. Milbrath, principals of Noble-Real Estate-GP, misused immigrant investors funds that were invested into their regional center. The suit claims that the defendants diverted $13.5 million from the investment fund [...]
17/04/12
The JOBS Act Title II comments from Mona Shah & Associates are posted at the SEC website: http://www.sec.gov/comments/jobs-title-ii/jobs-title-ii.shtml April 12, 2012 Submission Via Email:rule-comments@sec.gov Securities and Exchange Commission 100 F Street, N.E. Washington, DC 20549 Re: Submit Public Comments on the JOBS Act Title II Dear Sir or Madam: Mona Shah & [...]