Day: August 25, 2022

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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 Capital, CanAm Enterprises, Civitas Capital Group, Golden Gate Global, Pine 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
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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.

Manipal Hospitals Logo

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

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SBP directs banks to raise awareness about PM’s Relief Fund

The State Bank of Pakistan has directed all the commercial banks and micro-finance banks to raise awareness among the potential donors and facilitate them in contributing to the PM's Flood Relief Fund 2022.

The banks are also directed to prominently display banners at all their branches bearing the description "Donations to the Prime Minister Flood Relief Fund are accepted Here.

The banks shall also send SMS alerts to all their clients informing them about the establishment of the Prime Minister Flood Relief Fund.

Source: Radio Pakistan

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PPDWP approves 21 development schemes of road sector

Punjab Provincial Development Working Party (PPDWP) has approved twenty-one development schemes of road sector with an estimated cost of 27.54 billion rupees.

These schemes were approved in the meeting of Provincial Development Working Party presided over by Chairman Planning and Development Board Abdullah Khan Sumbal in Lahore on Thursday.

Source: Radio Pakistan

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Widespread floods wreak havoc in Sindh, Baluchistan

Member of Punjab Assembly from Rajanpur Shazia Abid says flood situation in District Rajanpur is worse as more water is being added to the existing stranded waters.

Talking to Radio Pakistan’s News and Current Affairs Channel on Thursday, she said that Pakistan People’s Party is doing its best to provide relief to the flood-hit people.

She said that the Suleman Range belt has been totally cut off due to flood waters, therefore relief and rescue teams could not reach there. She said that the Punjab government is not focusing on relief activities as the functionaries are busy in doing politics amid the human catastrophe.

Talking in the programme, Director General PDMA Sindh Syed Salman Shah said that the widespread floods have caused devastation in vast areas of Sindh which is hampering the relief efforts.

He said that PDMA has provided shelter to 90,000 people, but it is just a ten percent of the entire displaced people in the province. He said that the scale of devastation could be gauged due to the fact that the Sindh government had to declare 23 districts of Sindh as calamity-hit. He said, so far, the exact scale of damage has not been estimated due to the ongoing rains.

He said according to the initial estimates, 3.4 million people have been affected by the floods in Sindh out of which 200,000 people are in relief camps. He said that almost 1.5 million people have been displaced in the province.

Salman Shah said that the government buildings are in dilapidated condition, therefore the IDPs cannot be shifted in those buildings. The Director General said although, we do not have dearth of funds, but arrangements of relief goods and other equipment is difficult. He said that helicopters of Pakistan Army and Pakistan Navy are also on disposal of PDMA, but still there is no need for the helicopters as boats are being used to transport people.

Talking in the programme, Akhtar Ali Jamali, Deputy Director Rescue PDMA Balochistan, said that almost all the districts in the province have been affected by the floods. He said that PDMA rescue teams are working in Naseerabad district, Sohbatpur and Naseerabad; whereas another team has been dispatched to Jhal Magsi where people are trapped in the floodwaters. He said that more than 1800 people have been rescued in these four districts as well as relief goods have also been dispatched to the flood-hit areas.

Director Rescue PDMA Balochistan said that hundred percent people have not been rescued as the situation is worsening day by day due to the ongoing rains.

He said that PDMA has allocated 10 million rupees to every Commissioner and five million rupees to every Deputy Commissioner for procurement of relief goods for the flood-hot areas.

Source: Radio Pakistan

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