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Time Extensions Foreign Investment

Holland & Knight LLP

CFIUS Updates the List of Excepted Foreign States

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During the first week of January, the Committee on Foreign Investment in the United States (CFIUS), chaired by the U.S. Department of the Treasury (Treasury), published a series of rules and notices regarding the definitions...more

Goodwin

COVID-19: Measures to Support the French Economy

Goodwin on

The various thematic memos included below summarize the exceptional package enacted by the French State since the beginning of the lockdown (confinement) and aimed at supporting companies particularly affected by the economic...more

Skadden, Arps, Slate, Meagher & Flom LLP

CFIUS in the Face of a Prolonged Government Shutdown: What It Means for Deals

As has been widely reported, the U.S. federal government partially shut down at midnight on December 22, 2018. While the shutdown continues to impact numerous government agencies and related constituencies, a key shutdown for...more

Whitman Legal Solutions, LLC

Donations to Support the Arts and EB-5 Investments to Create US Jobs

The United States Citizenship and Immigration Services (USCIS) oversees a program, known as the EB-5 Immigrant Investor Program (EB-5 Program), which encourages foreign entrepreneurs to invest in commercial enterprise in the...more

Bilzin Sumberg

EB-5 Program Extension Allows Developers More Time to Obtain Financing

Bilzin Sumberg on

Last week H.R.1625 – Consolidated Appropriations Act, 2018 was enacted. The Act includes a continuation of funding, until September 30, 2018, for the EB-5 Regional Center Program. ...more

Mintz - EB-5 Financing Viewpoints

Government Shutdown Ends – Is Immigration Reform on the Horizon?

Three days into the government shutdown, Senate Majority Leader McConnell (R-KY) and Senate Minority Leader Schumer (D-NY) took to the Senate floor Monday afternoon to announce an agreement to end the impasse and reopen the...more

Cozen O'Connor

Continuing Resolution extends EB-5 Program until January 2018

Cozen O'Connor on

As expected, the House and the Senate passed a Continuing Resolution (the “CR”) last week which extended the Federal budget until January 19, 2018. It is expected that the President will sign the CR. This new short-term...more

Polsinelli

EB-5 Immigrant Investor Program: Following Extension, Next Decision Looms

Polsinelli on

As part of the two-week spending bill that avoids a government shutdown, the Immigrant Investor Program known as EB-5 is extended unchanged through Dec. 22. Without much buzz on Capitol Hill to suggest the imminent release of...more

Akin Gump Strauss Hauer & Feld LLP

Proposed Bill Seeks to Expand Scope of CFIUS Reviews of Foreign Investments

• The House and Senate proposed companion bills that would expand the scope of CFIUS review by broadening the definition of covered transactions to include certain minority investments and joint ventures, among other...more

Goulston & Storrs PC

Extended Again: No Policy Changes for EB-5, For Now

Goulston & Storrs PC on

The EB-5 Regional Center Program has received yet another extension, this time through September 30, 2017. The Program has been similarly extended, with no change in policy, on multiple occasions since its previously...more

Goulston & Storrs PC

Update: EB-5 Program Receives Another Short-Term Extension

Goulston & Storrs PC on

On December 9, 2016, as part of federal spending legislation, the EB-5 Regional Center Program received a short-term extension through April 28, 2017. The Program has been similarly extended, with no change in policy, on...more

Goulston & Storrs PC

Update: EB-5 Regional Center Program Receives Short-Term Extension

Goulston & Storrs PC on

On September 29, 2016, as part of recently enacted federal spending legislation, the EB-5 Regional Center Program received a short-term extension through December 9, 2016. The Program has been similarly extended, with no...more

Holland & Knight LLP

West Coast Real Estate Update: October 2016 #2

Holland & Knight LLP on

California Legislature Revises De Minimis Exemption of Finance Lenders Law - Real estate projects that utilize federal New Markets Tax Credit (NMTC) financing recently received a reprieve from a state licensing...more

Ballard Spahr LLP

EB-5 Program Extended by Continuing Resolution to December 9 Without Changes

Ballard Spahr LLP on

The U.S. Immigrant Investor Program (EB-5) has been extended through December 9, 2016, following the recent signing of a continuing resolution to fund the federal government and avoid a shutdown. The EB-5 Program provides a...more

Morrison & Foerster LLP

Federal Reserve Officially Extends Volcker Rule Conformance Period with Respect to “Legacy Covered Funds” to July 21, 2017

The Board of Governors of the Federal Reserve System (“Federal Reserve”), consistent with its previously announced intention, extended the conformance period with respect to investments in and relationships with covered funds...more

Blank Rome LLP

Congress Extends EB-5 Program without Changes until September 2016

Blank Rome LLP on

Action Item: The nine-month extension of the EB-5 Program provides a temporary reprieve to the real estate developer and foreign investor communities while Congress and industry groups grapple with a more comprehensive...more

Goodwin

Commerce Department Survey of Financial Services Transactions with Foreign Persons Due November 1, 2015

Goodwin on

The Commerce Department’s BE-180 Survey of Financial Services Transactions is a mandatory benchmark survey conducted every five years and administered by the Bureau of Economic Analysis (the “BEA”). Reports are required by...more

Fenwick & West LLP

Important June deadline for ALL owners of at least 10% of a foreign enterprise

Fenwick & West LLP on

As you may be aware, May 29, 2015 was the deadline for certain filings on Form BE-10 required by the U.S Bureau of Economic Analysis. The filings must be made by any U.S. person that had a “foreign affiliate” in 2014, which...more

Perkins Coie

How U.S. Sanctions Can Affect Companies With Russian Investors

Perkins Coie on

When the White House recently announced that it was extending sanctions against Russia for another year, it cited a continued “unusual and extraordinary threat” from Russia’s activities in Ukraine. President Obama also...more

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