EB-5 Industry Leaders, USCIS Agree to Joint Settlement of Two Lawsuits

EB-5 stakeholders ensure all previously approved regional centers maintain authorization moving forward

WASHINGTON, D.C., Aug. 25, 2022 (GLOBE NEWSWIRE) — Multiple EB-5 industry stakeholders have entered into a settlement agreement with the United States Citizenship and Immigration Services (“USCIS”) that protects EB-5 investors and re-authorizes previously approved regional centers, effectively signaling the EB-5 program is fully back in business.

The settlement affects two cases: Behring Regional Center LLC, et al. v. Mayorkas, et al., No. 3:22-cv-2487-VC (N.D. Cal.) and EB5 Capital, et al. v. DHS, et al., No. 3:22-cv-3948-VC (N.D. Cal.). The plaintiffs include EB-5 regional center operators: EB5 CapitalCanAm EnterprisesCivitas Capital GroupGolden Gate GlobalPine State Regional Center, and EB-5IC’s member – Behring Regional Center, and industry organization Invest in the USA (“IIUSA”).

The key stipulations of the settlement – which can be read in its entirety here – are as follows:

  • Previously authorized regional centers retain their authorization.
  • Previously authorized regional centers must file a Form I-956 (a previously filed I-956 will meet this requirement) by December 29, 2022, along with the filing fee to maintain authorization.
  • Previously authorized regional centers need not wait for approval of their Form I-956 and may immediately file I-956Fs (exemplars).
  • If, after filing a form I-956F, a regional center does not receive a formal receipt notice within ten calendar days of delivery to USCIS, an investor may use other forms of proof of the I-956F filing in their I-526E petition, such as a lock box receipt, cashed check, or credit card charge provided by the regional center to the investor.
  • The failure of a previously approved regional center to file a Form I-956 application or amendment will not, standing alone, be a basis for USCIS to deny an investor’s I-526 or I-829 petition.
  • USCIS will update its website, forms, and instructions to conform to the terms of the settlement agreement.

The settlement comes in the wake of legal action taken to protect the EB-5 industry from USCIS’ decision earlier this year. After the EB-5 Reform and Integrity Act of 2022 went into effect in March, USCIS announced that all previously approved regional centers (those authorized by USCIS before the enactment of the Integrity Act) were categorically deauthorized. The Court determined that USCIS’ action almost certainly committed legal error and would have severely harmed the EB-5 industry while leaving EB-5 investors in limbo. While all parties involved have agreed to the settlement, it is not a final settlement until approved by the court.

Judge Chhabria’s grant of a nationwide preliminary injunction, and USCIS’ subsequent agreement to a reasonable settlement, enables the EB-5 Regional Center program to move forward contributing to the U.S. economy and creating American jobs,” said Ron Klasko of Klasko Immigration Law Partners. “Judge Chhabria’s thorough and well-reasoned decision provided the essential impetus for USCIS and the EB-5 industry to work constructively in reaching an agreement,” said Paul Hughes of McDermott Will & Emery. 
“We hope this marks the beginning of a new era of cooperation between USCIS and the EB-5 industry,” commented Laura Reiff of Greenberg Traurig. “This settlement ushers in a regional center program that provides the entire EB-5 ecosystem with the stability and certainty needed to ensure an optimal program,” stated Jeff Campion from EB-5IC. 

The EB-5 Program has an overwhelmingly positive impact on the U.S. economy. Between 2008 and 2021, the EB-5 program helped generate $37.4 billion in foreign direct investment to create and retain U.S. jobs for Americans at no cost to the taxpayer.

EB5 Capital provides qualified investors from around the world with opportunities to invest in job-creating commercial real estate projects to obtain U.S. permanent residency, as well as private equity investments and secondary passports. For more information, follow EB5 Capital on LinkedIn and visit www.eb5capital.com.

Contact:
Juline Kaleyias, VP Business Development
media@eb5capital.com

Doctors at Manipal Hospitals, Dwarka give new lease of life to a 30-day-old newborn suffering from brain tumor

NEW DELHI and KHARTOUM, Sudan, Aug. 25, 2022 /PRNewswire/ — Doctors at Manipal Hospitals, Delhi successfully saved the life of a 30-day-old newborn baby with a brain tumor. The baby was presented at the hospital in an emergency with a complaint of seizures and unconsciousness. Upon further diagnosis, a CT scan found a severe brain hemorrhage along with a tumor causing significant pressure inside the brain. The baby’s blood tests were also hampered by extremely high INR levels, indicating hemolytic disease. To save his life, a team of doctors led by Dr. Anurag Saxena, HOD, and Consultant Neurosurgeon successfully performed the brain tumor removal surgery (also known as craniotomy) using special techniques and equipment to reduce the blood loss to a bare minimum to prevent life-threatening hemorrhagic shock.

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The baby’s weight was just 3 kg, which is why putting him on anesthesia was a great challenge. Even minimal blood loss during the surgery would have put his life at risk. After stabilizing him medically and post a detailed discussion with his family regarding the need for the surgery and the risks involved, the surgery was performed. While performing the surgery, extreme precautions were taken, keeping in mind that the skull at this age is exceptionally soft and any undue pressure can cause increased pressure on the brain along with the risk of vision loss. Throughout the surgical procedure, the anesthesiologist made sure that the baby was stable.

Dr. Anurag Saxena, HOD and Consultant Neurosurgeon, Manipal Hospitals, Delhi, said, “When the baby was brought to us, his condition was extremely critical and unstable. He was suffering from a combination of a brain tumor and hemorrhage. This condition is extremely rare, there was imminent risk of death and he needed urgent brain surgery. What made this case more challenging was the low body weight of the baby, which posed a great challenge during the anesthesia and surgery. However, he withstood the surgery well and was weaned from the ventilator the next day. He started showing steady improvement and recovery and gradually started accepting his mother’s milk. The baby was discharged few days’ post-surgery after showing satisfactory recovery. He is doing well and is now under routine follow-up.”

About Manipal Hospitals

As a pioneer in healthcare, Manipal Hospitals is India’s second-largest multi-specialty healthcare provider treating over 4 million patients annually. With its recent acquisition of a 100% stake in Columbia Asia Hospitals in India, the integrated organization today has an enhanced pan-India footprint with 28 hospitals across 14 cities with 7,000+ beds with a talented pool of 4,000+ doctors and 10,000+ employees. Its focus is to develop an affordable, high-quality healthcare framework through its multispecialty and tertiary care delivery spectrum and further extend it to out-of-hospital care. Manipal Hospitals provides comprehensive curative and preventive care for a multitude of patients from around the globe.

Visit us at: https://www.manipalhospitals.com/internationalpatientcare/doctors/search/location-delhi?page=1

Mr. Hemant +91-8376965812
Mr. Zuhaib +91-9990199037
Email: manipal.international@manipalhospitals.com

Logo: https://mma.prnewswire.com/media/1848066/Manipal_Hospitals_Logo.jpg

Pakistan Army continues rescue, relief operations in notified affected areas

Pakistan Army continues its massive rescue and relief operations in the flood-affected areas of the country.

According to ISPR, in this regard, a Relief and Rescue Organization has been established under Headquarters Army Air Defense Command to manage relief and rescue operations.

So far 40,000 people have been shifted to safe places and more than 137 relief camps established by the army.

Additionally, 23,000 people have been provided with medicines and medical assistance in around 200 temporary medical centers.

Similarly, the Army has distributed more than 3700 tents and other necessary items among the victims.

Apart from this, on the special orders of the Chief of Army Staff, the Army has distributed more than 3 days of ration, about 1500 tons, among the common people in the flood-affected areas.

In this spirit, all the General Officers of the Army have donated their one month salary to help the victims. Apart from this, other officers are also giving financial donations on a voluntary basis.

Despite all this aid, the damage caused by the floods is so great that more relief items and medicines are urgently needed to attend to the victims as soon as possible.

In such a situation, it is the national duty of all of us to actively contribute to help our affected brothers and sisters and children in this moment of need.

Source: Radio Pakistan

Thar Coal Project to generate 2600 MW electricity this year: Khurram

Minister of Energy Khurram Dastgir has said Thar Coal Project will generate 2600 MW electricity this year and it will be one of the major energy project of the country.

Talking to APP, he said Thar Coal Project would bring prosperity not only to Thar but also in the entire country.

Khurram Dastgir said some power projects are in the final stages of completion.

Source: Radio Pakistan

President urges students to achieve academic, professional excellence

President Dr. Arif Alvi has urged students to persistently continue their quest for knowledge by gaining marketable skills to achieve academic and professional excellence.

He was talking to the students of Gilgit-Baltistan, who achieved top positions in the Matriculation exams, in Islamabad on Thursday.

The President said Gilgit-Baltistan has tremendous natural resources which need to be explored by the trained human resource in relevant disciplines.

Dr Arif Alvi also called upon the Government of Gilgit-Baltistan to take all possible steps to bring out-of-school children into the school system and take all measures to reduce dropout rates.

Source: Radio Pakistan

Pakistan keen to build solid strategic relations with Qatar: PM

Prime Minister Shehbaz Sharif has said Pakistan is keen to build solid strategic relations with Qatar by enhancing economic cooperation in diverse fields of mutual interest.

In an interview with Qatar News Agency (QNA), he observed that the relations between the two countries have seen a steady and positive trajectory over the last few years. We want to transform our historical and fraternal bilateral relationship into a more robust strategic relationship.

The Prime Minister said relationship between Pakistan and Qatar is based on mutual trust and shared goal of achieving prosperity for our peoples. We have had excellent cooperation in various fields including energy, manpower export and people to people linkages in the past as well.

The Prime Minister said there is great potential and opportunities for transformation of these ties into a more robust partnership. He said we need to explore new ventures of cooperation in sectors including renewable energy, food security, industrial and infrastructure development and hospitality.

Shehbaz Sharif said his country has the most liberal and open investment regimes where investors can freely move their assets and earnings, highlighting the special incentives being given to investors in the country’s special economic zones.

Shehbaz Sharif also praised the Qatari endeavors for peace and security in the region and the world.

Source: Radio Pakistan

COAS directs to render all possible support to flood affectees

Army Chief General Qamar Javed Bajwa has directed formations to render all possible support to the flood affectees and every single affected individual must be reached to bring comfort in this hour of distress.

He was chairing a Corps Commanders’ Conference in Rawalpindi on Thursday.

The forum was briefed in detail on external and internal security situation with particular focus on flood situation in the country and ongoing relief operations being undertaken by army formations.

Expressing deep sorrow over loss of precious lives and extensive damage to infrastructure due to unprecedented rains, floods, the forum resolved to spare no efforts for mitigating the sufferings of flood affectees.

General Bajwa appreciated the ongoing relief efforts by the Army.

He directed formations to maintain operational readiness and efforts to counter terrorism particularly in Khyber Pakhtunkhwa and Balochistan must continue.

Participants undertook comprehensive overview of the flood situation and ongoing relief and rescue operations by the Army.

Source: Radio Pakistan

Finance Minister seeks support of int’l development partners for flood affectees

Minister for Finance Miftah Ismail has urged international development partners to extend broad based support and assistance to the recent flood affectees in Pakistan.

He was talking to World Food Program’s Special Advisor on Maternal and Child Health and Nutrition, Princess of Jordon Sarah Zeid Raád in Islamabad on Thursday.

The Finance Minister extended warm welcome to the Princess of Jordon and thanked World Food Program for continuous support to Pakistan in the form of humanitarian assistance.

He highlighted the reform initiatives introduced by the government for socio-economic uplift of the people including the financial relief being provided to the women and flood affectees through Benazir Income Support Program.

The Minister also apprised the visiting dignitary of the government’s support for women development, Mother and Child healthcare, nutrition facilities and children education.

Speaking on the occasion, Princess Sarah Zeid underlined WFP’s interventions in diverse sectors in Pakistan and appreciated Pakistan’s cooperation at federal and provincial levels.

She expressed the desire to work with Pakistani government in humanitarian assistance, food and nutritional needs, poverty alleviation and women development.

Source: Radio Pakistan