Kutak Rock partners Michael Alvano and Mariza McKee co-authored the article “Lifting the Veil: Corporate Transparency Act Compliance for EB-5 Stakeholders” which appears in the 2024 July/August edition of the Corporate Counsel Business Journal. Along with Mine Ekim, Managing Director of Legal & Compliance for Golden Gate Global, Alvano and McKee discuss the following topics:

• CTA Reporting Requirements
• EB-5 Entities and CTA Compliance
• Exemptions and Implications
• Reporting Timeline
• Penalties for Violations
• Significance of the Yellen Case
• Key Considerations for EB-5 Entities

Click here to read the full article and the CCBJ's 2024 July/August edition.

Michael has extensive experience representing buyers and sellers, both public and private, in mergers, acquisitions and divestitures as well as focusing significant attention on recapitalizations, restructurings, joint ventures, private equity and debt offerings. In addition, he has served as borrower’s counsel for many syndicated and unsyndicated credit facilities and other financing arrangements. Michael regularly advises clients on general corporate, partnership and limited liability company matters, including contract negotiations, disclosure requirements, employee relations and advising directors, officers and/or managers regarding their fiduciary duties.

Mariza is a structured finance lawyer and a trusted counselor to regional centers, new commercial enterprises, job-creating entities, and other stakeholders that raise and deploy EB-5 capital. She leads the firm’s national EB-5 finance practice—an interdisciplinary team of securities, tax, corporate, debt, and real estate lawyers. She approaches EB-5 transactions from a risk manager’s vantage point and constructs legal strategy to help clients achieve business objectives while navigating securities laws and evolving EB-5 Program requirements. A frequent speaker and writer on EB-5 and securities law considerations, Mariza is an active member of the EB-5 community dedicated to elevating EB-5 industry practices and standards.

Click here to view Kutak Rock’s ongoing coverage of the Corporate Transparency Act.