Subscribe to LexTalk to stay on top of today’s legal issue and trends.
Catapult Your Career |
Industry Insights & Trends |
Product Training & Tips
EB-5 Investment Voice
Mona Shah & Associates Global Podcast Series
Reported by Hermione Krumm, Esq.
EB-5 Investment Voice is the only Podcast series that focuses on the United States immigrant investor visa, EB-5 and foreign direct investment. Mona Shah welcomes guests from the industry including: developers, regional center operatives, attorneys, legislators and politicians.
The complex program that is EB-5 can confound investors, lawyers, and developers alike. In this episode, Osvaldo ‘Ozzie’ Torres, a sought-after EB-5 expert, joins Mona to discuss the ins and outs of administrative fees, explaining how they function to defray offering expenses and the requirements around disclosing how much of the fee is devoted to broker commission. They cover the role played by offering documents, alternatives to the full-blown Private Placement Memorandum (PPM) appropriate for small deals, and the integrity issues addressed by new legislative proposals.
Securities laws ensure the disclosure of material information so that investors can make informed decisions. In fact, if an investor’s mind might be changed based on facts that are omitted or misrepresented, that’s the essence of securities fraud. Yet, the increasingly high price of administrative fees is known to befuddle investors. Where does the fee go? Does any portion of it pay the agent’s commission? Is there any situation in which the administrative fee might not be necessary?
Osvaldo ‘Ozzie’ Torres is uniquely qualified to address these issues, as he regularly speaks at EB-5 conferences on securities issues as well as other aspects of the EB-5 practice. He has enjoyed a 30-year career negotiating complex corporate transactions, including securities offerings, mergers and acquisitions, and other sophisticated deals. He has focused on EB-5 since 2011, working on various EB-5 offerings such as hotel development, multifamily residential construction, senior independent living complexes, healthcare and medical device companies, restaurants and franchises.
Please see the link below for access to the podcast episode: http://mshahlaw.com/the-ins-outs-of-eb5-admin-fees-osvaldo-ozzie-torres/ .
Podcast is a digital radio which the audience can easily stream and download to their computers and mobile devices. The audience can also subscribe to their favorite channels to automatically receive new episodes of their favorite shows. EB-5 Investment Voice is Mona Shah and Associates' series of podcasts devoted to providing insights into the Immigrant Investor Program for foreign investors, domestic fundraisers and enterprising entrepreneurs. Tune in to our latest episodes at http://mshahlaw.com/podcast/
About the Author:
Hermione Krumm, Esq. is an associate attorney with Mona Shah Global. Hermione works with EB-5, corporate, merger and acquisition (M&A), intellectual property and foreign direct investment (FDI) matters involving China, the UK and the US. Hermione writes and comments frequently on current business and immigration issues. Her articles have been published by LexisNexis, ILW, EB-5info, EB-5 Supermarket, etc. Hermione received her LL.B. (Hons) from the University of Manchester School of Law (UK), and obtained her LL.M. from Cornell Law School. Hermione speaks fluent English, Mandarin and Cantonese.