Read Finance & Banking Law updates, alerts, news, and legal analysis from leading lawyers and law firms:
License to travel: how regulation is benefiting business abroad
Greenberger: Derivatives Legislation Would Seriously Weaken Dodd-Frank
Bill on Bankruptcy: Lehman Test Case on Judicial Nullification
S&C's Cohen: Brown-Vitter Punishes Banks For Being Big
Cohen: Cyprus Is Not A Template For Future Restructurings
Release of new book on the 'Best Practices Under the FCPA and Bribery Act"
Buying and Selling Businesses in Today's Economy, Stephen Opler
Bill on Bankruptcy: Kodak Plan Bumps the Debt, Craters Stock
Deloitte: Turnarounds and Democracy Don't Mix
Lessons Learned from the Parker Drilling DPA and Ralph Lauren NPA
Zimmermann: Up to 20% of AmLaw 200 "Badly Weakened"
Bill on Bankruptcy: Lawyers Easily Make Simple Words Complicated
The New Normal: Taking Responsibility for Your Vendors
Raj Mahajan, Allston Trading CEO, Talks HFT and the Business of Prop Trading
Hot Topics for Waste-to-Energy Investors and Developers
Bill on Bankruptcy: Easterbrook Turns the Tide on Student Loans
Konczal: Dodd-Frank Reforms Get Roughed Up in Court
Bill on Bankruptcy: ResCap Report, a Bargain at $83 Million
Sullivan & Cromwell's M&A Hotline is Ringing
Bill on Bankruptcy: Stockton May Win the Battle, Lose the War
Many foreign nationals who want to start a business in the United States have asked the lawyers at Scott Legal Services, P.C. to explain the different Visa options available to them. This article reviews four very popular...more
Foreign nationals with an interest in expanding their businesses in America often find themselves trying to navigate a complicated regulatory scheme from applying for visas to understanding U.S. laws. With clients in Europe...more
On March 21, 2013, Federal Finance Minister Jim Flaherty tabled the Conservative government’s new budget entitled Economic Action Plan 2013. As expected, the key themes are job creation, skills development, infrastructure...more
In This Issue: New Caledonia - an overview; Company law; Mining law; Environmental law; Immigration; Employment; and Overview of the New Caledonian tax system. Except from New Caledonia - an overview: -...more
The U.S. Citizenship and Immigration Services (the “USCIS”) published on Feb. 14, 2013, a revised draft of a proposed policy memo concerning the Immigrant Investor Program (otherwise known as the EB-5 visa program). This...more
An E-2 Visa is a Visa Classification that is available for foreign nationals who wish to live in the U.S. to develop and direct the operations of a business. The business can be large or small and an E-2 Visa is a great Visa...more
As the push for immigration reform gains momentum on Capitol Hill, more bipartisan immigration measures are being introduced, some of which have a good chance of being incorporated into any sweeping reform package....more
In This Issue: - DOMESTIC POLICY MATTERS - U.S. Economy. Preliminary figures released this week revealed that the U.S. economy contracted at an annual rate of 0.1 percent in the fourth quarter of 2012, marking the...more
Scott Legal Services, P.C. often fields questions from potential investors regarding the EB-5 Immigrant Investor Visa program. In order to assist our clients, we have developed this summary of the top 6 questions asked about...more
In This Article: Federal Government; Alberta; British Columbia; Manitoba; New Brunswick; Newfoundland; Northwest Territories; Nova Scotia; Nunavut; Ontario; Prince Edward Island; Québec/Quebec; Saskatchewan; and...more
I. EB-5 Regional Center - HISTORY: Congress created the fifth employment-based prefernce (EB-5) immigrant visa category in 1990 for immigrants seeking to enter to engage in a commercial enterprise that will benefit...more
The City of Miami is pushing for job creation and economic development through the establishment of an EB-5 immigrant investor regional center. The EB-5 program, initially created in 1990 by Congress, allows for foreign...more
The “E-2 Treaty Investor” employment visa classification was established by Congress to promote capital inflow by foreign investors and to create additional employment opportunities for U.S. citizens. Currently, the United...more
On Tuesday, August 14th Mayor Michael Bloomberg and Rupert Murdoch visited Boston to tout the economic benefits to the United States of a liberal immigration policy focused on entrepreneurship and job creation. At a forum...more
On June 11, 2012, President Obama signed legislation that would add Israel to the list of countries eligible for nonimmigrant E-2 treaty investor visas. This is a substantial positive development in the creation of stronger...more
On August 2, 2012, the Senate agreed to a three-year extension of the EB-5 investor visa pilot program, which was scheduled to sunset at the end of September of this year. “The scope and duration of the extension have already...more
In This Issue: - China Adopts New “Immigration Law” - SPC Issues Draft Interpretations on the Trial of Cases Involving Labor Disputes - China to Amend the Labor Contract Law - People’s Bank of China...more
Effective July 1, all E visa adjudications in Mexico will be centralized in three visa posts and all supporting documents must be presented in a standardized format. ...more
The EB-5 program has received growing attention in recent weeks. In these days of tight credit, particularly for commercial real estate development, the EB-5 Program provides an attractive alternative to conventional real...more
For employers in the financial services industry, 2012 is already shaping up to be a mixed bag. While showing some signs of life, the economy continues to be a primary driver of employment law issues as it struggles to...more
According to a joint report released by the U.S. Chamber of Commerce and the Immigration Policy Center, immigrant entrepreneurs are creating jobs and strengthening the U.S. economy. The report entitled,...more
Recent changes by the U.S. Citizenship and Immigration Services (USCIS) help streamline the process for obtaining an EB-5 visa. Now for a fee, you can get your petition decided in 15 days. The normal wait time is a few months...more
The Director of the Department of Homeland Security, Janet Napalitano, and the Director of U.S. Citizenship and Immigration Services, Alejandro Mayorkas, are promoting “a series of new policy, operational and outreach efforts...more
Many of our hospitality clients are revisiting immigration requirements to see if there are any advantages that they have overlooked. One overlooked advantage is the USCIS’s E-Verify system. Employers know that the IRCA...more
Topics in this Alert: - Auto-Enrolment and NEST — Page 1 - Age Discrimination – Default Retirement Age Abolished — Page 2 - Bribery Act 2010 — Page 3 - Early Access Off the Table — Page 3 - DC Contracting Out —...more
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