India’s Bankruptcy Code: FAQs

Amid a global economic crisis, Neha Mehta answers some frequently asked questions about filing bankruptcy in India. Q1. When is a Corporate Debtor in default? A. “Default” is the non-payment of a whole, or a part, of a Corporate Debt when due and payable. Erosion of net worth is not a default under the Code. Q2. Can a financial institution proceed against a Corporate Debtor under the Code although it may have already taken action under the Securitization and Reconstruction ...
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E2 Visa Validity and Authorized Stay in the United States: Know the Difference

Mark I. Davies is the Global Managing Partner and founder of our firm. Mark also Chairs our Global Business and Investor visa team and focuses his practice on EB5, L1, E2 and other business and investor visa solutions. There is significant confusion as to the difference between E2 visa validity and the period of authorized stay in the United States. What an E2 Visa Does? A valid, unexpired, E2 visa gives you the ability to come to the US border ...
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The President’s Immigration Ban: Update

President Trump has signed the Executive Order temporarily suspending some visa categories for an initial 60 days. This mostly applies to people outside the United States seeking permanent residency / Green Cards, excluding the EB-5 program. The State Department has just issued a clarification stating that the Order is not retroactive and that "no valid visas will be revoked under this proclamation." There are a number of exclusions and exemptions. We recommend you contact us to discuss your specific circumstances. What is NOT included ...
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The President’s Immigration Ban: Why you Should Still Apply for a Visa

Duncan Hill is marketing director at Davies & Associates LLC. Duncan is not a lawyer and nothing in this blog constitutes legal advice. President Trump tweeted last night that he would sign an executive order banning immigration to the United States. While it is still unclear how this will play out, it is only likely to be a temporary setback. Anyone hoping to apply for a US visa should continue as normal if their circumstances permit. “In light of the ...
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