L1A to GC - but company about to split
#1
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Joined: Aug 2006
Location: Rochester, NY
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L1A to GC - but company about to split
A moderately-rare situation, I'm sure.
British L1A visa holder employed by a Fortune 250 company, which is about to spin into three, separate, publicly-traded companies.
What is impact if GC process is started now? Would it be best to wait until the new legal entity is created?
Any thoughts?
British L1A visa holder employed by a Fortune 250 company, which is about to spin into three, separate, publicly-traded companies.
What is impact if GC process is started now? Would it be best to wait until the new legal entity is created?
Any thoughts?
#2
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Location: Kentucky
Posts: 38,865
Re: L1A to GC - but company about to spin
Ian
#3
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Re: L1A to GC - but company about to spin
My guess is that if the original sponsoring company ends up broken up into 3 new entities, then it's probably best to wait until that gets sorted. If the original sponsoring company is still left standing after the other two are created, you should be fine if the process is started now.
Ian
Ian
#4
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Joined: Aug 2002
Location: Kentucky
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Re: L1A to GC - but company about to spin
Ian
#5
Re: L1A to GC - but company about to spin
A moderately-rare situation, I'm sure.
British L1A visa holder employed by a Fortune 250 company, which is about to spin into three, separate, publicly-traded companies.
What is impact if GC process is started now? Would it be best to wait until the new legal entity is created?
Any thoughts?
British L1A visa holder employed by a Fortune 250 company, which is about to spin into three, separate, publicly-traded companies.
What is impact if GC process is started now? Would it be best to wait until the new legal entity is created?
Any thoughts?
#7
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Joined: Feb 2011
Posts: 559
Re: L1A to GC - but company about to spin
My guess is that if the original sponsoring company ends up broken up into 3 new entities, then it's probably best to wait until that gets sorted. If the original sponsoring company is still left standing after the other two are created, you should be fine if the process is started now.
Depending on how soon all of this is going to happen, AC-21 could come into play: six months after the filing of an AOS application you're free to change jobs (within the same occupational classification) and so all these issues would be moot - but I think that requires the application to be based on an approved I-140 (rather than concurrently filed). (My command of the details of this stuff is getting weaker and weaker the less I have to worry about it personally, I'm afraid.)
#8
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Joined: May 2010
Posts: 101
Re: L1A to GC - but company about to spin
Re. AC21 and an approved I140.....
The advice I have been given is that an I140 does NOT need to be approved prior to invoking AC21. The application must have been filed for at least 6 months and the new job must be very similar to the old job. Apparently after 6 months an employer cannot (although it appears vague) revoke an I140 application.
Also been told this is very risky - if the I140 is denied or an RFE issued you are immediately out of status.
The advice I have been given is that an I140 does NOT need to be approved prior to invoking AC21. The application must have been filed for at least 6 months and the new job must be very similar to the old job. Apparently after 6 months an employer cannot (although it appears vague) revoke an I140 application.
Also been told this is very risky - if the I140 is denied or an RFE issued you are immediately out of status.