12/18/2024
🎥 Ron Klasko and Bill Gresser discuss groundbreaking EB-5 case 🌟
IIUSA hosted a one-on-one interview with:
• Ron Klasko, Chairman Klasko Law and lead counsel in Battineni v. Mayorkas and
• Bill Gresser, President of IIUSA and EB-5 New York State, LLC Regional Center.
The groundbreaking court decision in Battineni v. Mayorkas challenges USCIS' long-standing interpretations of the “path of funds” requirement, rejecting the notion that every penny must be traced. Instead, the court ruled that the focus must be on the immediate source of the funds used for the investment.
In this insightful discussion, Mr. Gresser and Mr. Klasko delve into the background, legal implications, and potential impact of the case on the EB-5 industry, shedding light on how it may shape the future for investors and practitioners alike.
🔗 Watch the full interview here: https://youtu.be/nWmxEPDwB6s?si=0Kq1brfkbNJvEPde
*This webinar was recorded on Nov. 25, 2024 and was deemed up-to-date at the time of the recording; however, with the fast-moving nature of the EB-5 Program,...