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Latest from Greenberg Traurig, LLP

It is widely known that India has become a major EB-5 investor market in recent years, as EB-5 is becoming an increasingly popular option for Indian nationals who seek permanent residence in the United States; the fact that there has been a growing number of high-net-worth individuals in India clearly helps to stimulate this demand. Specifically, Indian investors’ share of the EB-5 investor market has grown substantially since 2014, surpassing Vietnam as the second largest…
As we alerted previously, the U.S. federal government shut down at the end of the day on Dec. 21, 2018. Because the EB-5 regional program was not extended, government agencies such as USCIS and the U.S. State Department will no longer be able to approve adjustment of status (green card) applications and immigrant visas based on this program until the extension is passed and signed into law. Those investors whose immigrant-visa or adjustment-of-status interviews have been scheduled…
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Jan. 17, 2019, marks the fourth day of the Los Angeles Unified School District (LAUSD) teachers’ strike. For now, the nation’s second largest school district is using substitute teachers to keep classrooms open on a regular schedule for the hundreds of thousands of elementary, middle, and high-school students LAUSD serves, though as discussed below, certain programs for younger children have been suspended. The strike, which includes not only teachers but also other school staff such…
Managing Shareholder Emeritus of the Fort Lauderdale office and an Israel Practice member Brian Sherr recently attended the cornerstone ceremony for the restoration of the Tiferet Yisrael Synagogue in Jerusalem. Brian serves as a leading member of a group working towards restoring the ancient synagogue which was destroyed in the 1948 War. Banned from the Old City of Jerusalem for nearly 20 years post its destruction, the Jewish community returned to witness the Synagogue’s ruins…
Congratulations to Greenberg Traurig’s Lori Cohen, Marc Mukasey, and Todd Wozniak, who have been selected as  2018 MVPs. The MVP series showcases standout attorneys who have had significant client wins and contributions to their practice areas in the last year. Lori, Marc, and Todd have a strong commitment to an elite level of client service, providing counsel founded on multidisciplinary experience and collaborative teamwork. Lori G. Cohen, Life Sciences MVP: Lori is Co-Chair of the firm’s Global …
Click here for a comprehensive GT Alert on this topic. On Dec. 20, 2018, the Office of Compliance Inspections and Examinations (OCIE) of the U.S. Securities and Exchange Commission (SEC) issued its annual Examination Priorities for 2019 (Exam Priorities), which is available for download here. The Exam Priorities focus around six thematic areas: (1) Retail Investors, including seniors and those saving for retirement; (2) Registrants responsible for critical market infrastructure; (3) FINRA and MSRB; (4)…
The Department of the Treasury and IRS provided two New Year’s Eve presents to the tax-exempt bond community. One was the finalization of the public notice regulations, and the second was the issuance of the proposed reissuance regulations, both of which have been long promised, and both of which were published in the Federal Register on Dec. 31, 2018. This GT Alert addresses the proposed reissuance regulations. The Proposed Reissuance Regulations The Treasury and…
San Francisco employment attorney Charles O. Thompson has moved to global law firm Greenberg Traurig, LLP as a shareholder, further strengthening the firm’s Global Labor and Employment Practice. Thompson, a seasoned employment trial lawyer, was formerly managing partner of Polsinelli’s San Francisco office and chair of its Class Action Practice. He has extensive experience litigating employment-related issues for public and private companies, having handled over 1,000 employment matters for clients ranging from Fortune 500…
How confident are you that your company’s retirement plans are being run in accordance with all legal requirements under the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code (IRC)? Are you comfortable with the integrity of the annual representations made to your plan auditor that key benefit-plan controls are in place to make sure that your retirement plans are operated pursuant to their terms and applicable law? This Alert addresses what questions…
Congress passed the Eliminating Kickbacks in Recovery Act (the Act) in 2018 to prevent “patient brokering” in treatment for substance abuse disorders. The Act imposes criminal penalties against anyone who knowingly and willfully “solicits or receives any remuneration . . . in return for referring a patient or patronage to a recovery home, clinical treatment facility, or laboratory” or who knowingly and willfully “pays or offers any remuneration . . . to induce a referral…