Helping investors achieve immigration and investment success for over a decade, with attractive projects in New York City
Manhattan Regional CenterManhattan Regional CenterManhattan Regional Center
212.209.3395
info@ny-eb5.com
Click Here
Manhattan Regional CenterManhattan Regional CenterManhattan Regional Center

Behring Lawsuit Update – IIUSA Motion to Intervene

On Monday, June 6, IIUSA also filed a Motion to Intervene to convert its status from that of amicus to that of plaintiff-intervenor. According to the motion, it has become clear that intervention is necessary to protect the interests of IIUSA’s members, which constitute over one hundred leading regional centers. IIUSA notes that relief specific to plaintiff Behring Regional Center would affirmatively harm IIUSA’s members by creating a legal monopoly for Behring that would divert investment dollars away from other regional centers and dilute their market share above and beyond the harm caused by USCIS’s categorical deauthorization of the industry as a whole. IIUSA seeks to intervene to protect the interests of its members and the EB-5 industry for which it advocates.

 

A hearing about IIUSA’s motion to intervene has been scheduled for Thursday, July 14 at 2:30PM PST (5:30PM EST) to be held over Zoom.