Archives for February 2016

I’m Starting a Business. Do I Need a Lawyer?

In the world of business law, knowing when legal help is prudent or necessary is a common inquiry. Whether working in a large corporation, as a small business owner, launching a start-up, or in the role of entrepreneur, obtaining timely legal support on important business matters is critical. While qualified legal help is necessary in many situations, however, there are tasks that may be completed without the assistance of an attorney.

Atlanta business lawOne example is found at the beginning of starting a business. A lawyer is not typically necessary when obtaining a business license for a sole proprietorship or registering a business trade name. This early step in forming a business usually is handled at the local level. For example, businesses and individuals located within unincorporated Fulton County wishing to acquire a business license may do so through the business license office. However, if they or their business are within the city limits of one of a municipality such as Roswell, Alpharetta, or Sandy Springs, then the business license or trade name must be obtained through the municipality.

While registering obtaining an initial business license may be done without a lawyer, there are many other situations in which obtaining confident and experienced legal support is recommended and necessary. Some of these instances include:

  • In hiring employees, making sure that employment policies are lawful and properly documented and employee contracts are accurate, viable legal documents that spell out the terms of employment, grounds for termination, and protect the business’ trade secrets, customer lists, and other confidential information  
  • Legally establishing a partnership, corporation, or LLC with all necessary organizational documents and agreements in place that set out the parties’ rights and obligations, including in the event of a major business disagreement or dissolution
  • Avoiding liability and assessing business risks for various issues including contract disputes, intellectual property claims, or business torts in instances such as a trade name likeness, slander, or violation of trade secrets
  • Any other situation in which business counsel or representation may be needed

In the event that you or your business are in need of legal support you can count on, contact Brownstein & Nguyen. Our experience speaks for itself when it comes to offering sound legal advice and representation to allow your business to grow and avoid or mitigate legal problems. When a dispute does arise, we bring decades of experience, practical wisdom, and expertise to the table in making sure your interests are fully represented.

A Closer Look at the EB-5 Program

The primary purposes of the EB-5 investment visa program, enacted into law by Congress in 1990, were to stimulate the U.S. economy and provide for a means of attracting additional foreign investments. In theory, and when the EB-5 program is used properly, the economic boost is evident through the specific requirements for job creation and capital investment.

Unfortunately, over the years unscrupulous real estate developers and other promoters have discovered and exploited loopholes in the EB-5 program, resulting in it not working as intended in some cases. While overall the program has been a success and achieved its stated goals, it is currently under attack due to suspected fraud, abuse, and national security concerns. As with any program, change is needed to keep up with current times. On and after February 11, 2016 proactive changes may come about as the result of an examination of the EB-5 program by the House Judiciary Committee.

At present, the EB-5 program has two main criteria that must be met for a given investment to potentially qualify for a visa. These requirements include specific details regarding anticipated job creation in a targeted geographic area and a minimum capital investment that must take place in conjunction with the granting of an EB-5 Visa.

EB-5 Job Creation RequirementsImmigration

The United States Citizenship and Immigration Services (USCIS) defines job creation requirements. As outlined on the uscis.gov website, the EB-5 program should, “Create or preserve at least 10 full-time jobs for qualifying U.S. workers within two years (or under certain circumstances, within a reasonable time after the two-year period) of the immigrant investor’s admission to the United States as a Conditional Permanent Resident.”

Specific definitions and details are provided regarding job creation requirements, including those relating to troubled businesses, qualified employees, full-time employment, and job-sharing arrangements is further detailed.

EB-5 Capital Investment Requirements

The capital requirement for the EB-5 Program currently is a minimum of $500,000 to $1 million readily available to invest in the U.S. depending on the nature of the specific investment. The standard investment amount required for an EB-5 visa is $1 million. However, when the investment involves a targeted employment area (defined as either rural or an area with high unemployment), the minimum qualifying investment drops to $500,000. Investment capital must be shown to come from personal sources, and may not be borrowed.

The EB-5 Program is currently under a political microscope for suspected fraud and abuse. A recent  press release put out by the House Judiciary Committee states: “Regional centers gerrymander targeted employment areas around poor areas in order to come in at a lower investment level that was intended to incentivize investments in rural and distressed urban areas, even when investing in luxury high-rises in affluent areas. Various agencies and government watchdogs have also identified national security concerns with this program, including economic espionage, use by foreign government agents and terrorists, and money laundering.”

Only time will tell what the future holds for the EB-5 program. At Brownstein & Nguyen, we keep a watchful eye on current events and reforms associated with immigration law. Our goal is to serve and educate clients to the best of our ability for all of their immigration needs. Contact us today for a consultation with the Atlanta immigration lawyers at Brownstein & Nguyen.

3 Tips to Avoid Distracted Driving

While it may seem second nature to most of us, driving a vehicle is actually a very complex task that requires high-level processing of scores of variables and voluminous bits of information in real-time. Unfortunately, to compound this complexity the modern driver is exposed to a multitude of distractions. Given the age of immediate personal communication we live in, it is no surprise that the number of serious automobile traffic incidents is on the rise. Here are three tips for driving distraction-free, or at least reducing the number of distractions and focusing our attention on the road and surroundings:

Put the Cell Phone AwayDriving Distracted

Numerous studies have proven a causal link between mobile phones and distracted driving. There are very few issues that require a driver to use a phone while driving, and even emergency calls are often not true emergencies. If you must answer the phone, pull over to the side of the road or into a parking lot. When stopped in a safe place, answer the phone or call the person back. Better yet, most mobile phones and carriers now offer “driving mode” utilities or apps which prevent voice calls and texts from ringing (or announcing) on your phone and inform the caller you are driving and will respond later. This safety feature removes entirely the temptation to answer a call or respond to a text while driving. In addition, many states and localities have passed laws requiring hands-free mobile phone usage or entirely banning the use of mobile devices while operating a motor vehicle. These laws are meant to protect us, and should be followed.

Keep Passenger and Inside Distractions to a Minimum

Nothing is more distracting than talkative or unruly passengers. Babies, toddlers, and young children may distract a driver by throwing things, screaming, yelling, or simply making noise that makes a driver to take their eyes and attention off the road. Establish early on with young children (when they are old enough to understand), and adults as well, that no one should distract the driver of a car. This is particularly important with young adults and young adolescents, including especially teenagers who are learning to drive or have friends who recently received their licenses. Also, try to avoid lengthy conversations with passengers while driving. Research has shown the “simple” act of engaging in a conversation is not simple at all, and actually diminishes our ability to timely process data, make good decisions, and quickly react to sudden emergencies and situations arising in a split second. Finally, loud music and even books on tape can be distracting. Anything that allows our minds to wander, taking them from the serious task at hand – safely operating a 1.5 or 2+ ton machine at speeds that can maim or kill – is potentially hazardous.  

Avoid Food Consumption While Driving

Using one hand to eat or handle food and drinks while driving means one less hand on the steering wheel. Should you happen to drop food or spill liquid on your clothes, you’re more than likely to avert your eyes from the road and look down to check for damage. Don’t take that risk. All it takes is a moment for a driver’s eyes to be diverted and suddenly expose everyone in your vehicle (and others on the road) to a serious, possibly deadly, mistake. Eat and drink only while parked to avoid food-related distractions while driving.

Brownstein & Nguyen has assisted numerous individuals in the aftermath of avoidable car accidents. However, don’t become a statistic (or client) in the first place. Follow the above tips, and always put safety first.