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Dallas, TX (Law Firm Newswire) October 24, 2016 – The Department of Homeland Security (DHS) has issued a proposed rule that would help international founders of startup companies stay in the United States on a temporary basis. The proposal is intended to address a gap in the options available for foreign entrepreneurs who want to start a business in the U.S. The proposed entrepreneur rule would use the mechanism of “parole” – temporary permission to remain in the United States – the authority for which is provided by the Immigration and Nationality Act. DHS may parole a foreign national into […]


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Virginia Beach, VA (Law Firm Newswire) January 26, 2016 – The majority of individuals who purchase life insurance wish to replace their income should they die prematurely. They can choose a term plan that ends upon retirement. Another option is to pay for retirement by using a permanent life insurance policy, and withdrawing funds from the plan’s cash reserve. However, there are possible drawbacks when using this strategy. According to experts, whole life insurance may not be an appropriate investment vehicle because it is costly and not liquid. “When considering retirement planning, it is important to obtain sound investment advice […]


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Roseville, CA (Law Firm Newswire) January 14, 2016 – Although it is highly unusual for one to serve as health care proxy for one’s boss, that is exactly what will occur in the case of 92-year-old Sumner Redstone, the executive chairman of Viacom Inc. Redstone has designated his Chief Executive Officer, Philippe Dauman, to be his health fiduciary in the event he can no longer make health care decisions for himself. Dauman’s control over Redstone’s health care includes the right to determine whether he should be given food or water if he is unable to make such decisions. Dauman speaks […]


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Dallas, TX (Law Firm Newswire) September 11, 2015 – A bill has been introduced in Congress that would allow foreign nationals who are in the United States in E-2 status to become eligible to apply for permanent U.S. residency after 10 years in E-2 status. As background, the United States has treaties with more than 60 countries that provide for investment. The treaties permit citizens of a treaty country to make an investment in the United States provided the treaty investor meets certain requirements. The E-2 treaty investor visa must make a substantial investment in an active commercial enterprise, and […]


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Dallas, TX (Law Firm Newswire) August 13, 2015 – The U.S. Securities and Exchange Commission (SEC) is cracking down on unregistered broker dealers receiving commissions within the EB-5 Immigrant Investor Program. The EB-5 program allows a foreign national to obtain a green card if he or she invests money in the United States, either in a new or existing business, or in a “regional center,” a third-party managed investment vehicle. Regional centers are permitted to charge the immigrant investors an administration fee for creating and developing investment projects, but as recent action by the SEC makes clear, companies, immigration attorneys […]


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New York, NY (Law Firm Newswire) June 19, 2014 – Zamansky LLC announces that it is investigating Papa Murphy’s Holdings Inc. (NasdaqGS: FRSH) (“Papa Murphy’s) over its disclosures to investors. Papa Murphy’s which is based in Vancouver, Washington owns, operates, and franchises Take ‘N’ Bake pizza stores. These are stores where customers purchase assembled pizzas to bake and serve at home. On June 9, 2014 Seeking Alpha published an article forecasting imminent declines in Papa Murphy’s EBITDA and a possible 80% decline in stock price, due to a request by franchisees for a moratorium on fees. The article reports that […]


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