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Kenneth S. August, Esq. Lectures ProVisors Group in San Diego

Posted On: Jun 05, 2013, Posted By: Admin

Mr. August Participates on Panel Discussing EB-5 Immigrant Investor Visa Program for ProVisors Deal Professionals’ Affinity Group in San Diego

Irvine, California, June 5, 2013. August Law Group today announced that Kenneth August, ALG’s Founder and President, participated today in a panel discussion on the use of the EB-5 Immigrant Investor Visa Program to finance corporate projects.  The panel was comprised of immigration attorney Kimberley Best Robidoux, of the San Diego law firm Larrabee, Mehlman, Albi, Coker LLP and Mr. August.  Ms. Robidoux spoke about the history of the EB-5 Immigration Investor Visa Program, and the immigration law aspects of the Program, while Mr. August described the factors which US companies must take into consideration when seeking to finance their projects with EB-5 investment capital.
In his remarks, Mr. August provided certain strategies for structuring transactions involving EB-5 investor visa capital, and the current trends for both direct investments and investments through a designated Regional Center.He informed the group that while compliance with the immigration law aspects of EB-5 transactions is important, it is equally important that companies using this investment strategy remember they are engaging in securities transactions, and the fact that they are selling the securities in overseas markets, most notably in China, a proper exemption from the registration requirements of the US securities laws must be applied.  He used case studies from ALG’s own practice, and also discussed the recent lawsuit SEC v. Chicago Convention Center, LLC, involving securities fraud by a designated EB-5 Regional Center, which has had a chilling effect on Regional Center approvals and raises.

About August Law Group, P.C.

August Law Group, P.C. is a full-service business law firm focused on assisting our clients with their corporate, commercial and transactional activities.  Global-Facing companies are those which, whether headquartered in the US or abroad, recognize the importance of accessing global markets to remain competitive, and seek comprehensive, strategic and global advice on how best to obtain that access.  We advise on all aspects of corporate and commercial activities, including finance, mergers & acquisitions, joint ventures, licensing and other strategic transactions.  Based in Irvine, California, and with a satellite office in Las Vegas, Nevada, August Law Group, P.C. focuses on helping clients that desire to create or expand their global presence.  More information about ALG is available at www.augustlawgroup.com.