Immigration Issues Affect Transaction Timing

These immigration issues materials from PLI provide a serious memorandum in the midst of a humorous hypothetical. The paper outlines, regarding a proposed business spinoff, "the principal U.S. immigration law requirements and required action items that may occur in order to maintain compliance with the immigration laws and regulations, ensure uninterrupted employment authorization of employees affected by the change of entity structure, and preserve efforts already underway to obtain lawful permanent residence ("green card" status) for these workers and their family members involved."

Topics covered include H-1 B Employees, the Visa Waiver Permanent Program Act, Regulations implementing the American Competitiveness and Workforce Improvement Act of 1998 ("ACWIA"), L-1 Visa employees, Tech B transferees, E visas for Employees, Alien Employment Certification, Petitions for Immigrant Visas, Applications for Adjustment of Status, Immigration Reform and Control Act Requirements and Employment Eligibility Verification Forms 1-9, among other items.