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E-2 VISAS

E-2 Visas Commonly known as the investor visa, the E-2 visa classification is available to applicants whose nationality is that of a treaty country with which the United States maintains a treaty of commerce and navigation. Who may file for change of status to E-2 If the treaty investor currently resides in the United States and has lawful nonimmigration status, they may petition USCIS (United States Citizenship and Immigration Service) and request a change of status to E-2. If an employee of the national is seeking E-2 status, their qualified employer may file for them. Qualification of a treaty investor. To qualify for the E-2...

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L-1 VISAS FOR MANAGER, EXECUTIVES AND SPECIALIZED KNOWLEDGE WORKERS

                                                                                INTRODUCTION The L1 visa allows foreign companies to transfer executives and managers including business owners and specialized knowledge employees to a new or existing US office. L-1A Visa: Executive or Manager L-1A visa category allows employers based in the United States to transfer executives or managers from an affiliated foreign office to one of their offices in the United States. L-1A visa also allows...

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E-1 Ticari Vizelerine Genel Bir Bakis

E-1 ticari vizeleri Amerika Birleşik Devletleri ile ticari antlaşmasi olan ulke arasinda çeşitli mal, para, teknoloji veya herhangi bir hizmetin ticareti ile uğraşmak için gelen ticaretcilere verilen bir vize türüdür. Ticaretcinin bu vizeye hak kazanabilmesi için su şartları sağlaması gerekir: 1- ABD ile ticaret anlaşması olan herhangi bir ülkenin vatandaşı olması (Türkiye bu anlaşmaya dahildir) 2- Yapılan ticaretin önemli oranda ve sürekli olması. Önemli oranda ticaretten kasıt uluslararası anlamda mal, para, teknolji ve hizmet akışının hatırı sayılır bir düzeyde olması ve sürekli yapilack olması demektir bir defaya mahsus yapılan ticaretler bu vizeye hak kazandırmaz. 3- Devam eden ana ticaret esas olarak ABD ile arasında ticaret anlaşması...

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Overview of General Partnerships

A General Partnership is an association of two or more persons to pool their money, skills, and other resources, and share profit and loss in accordance with terms of the partnership agreement. Unlike business corporations, formation of partnerships are easy and there is no state filing involves. They can be formed with an oral agreement but often the oral agreements between partners lead to misunderstandings and eventual disputes. Thus, the terms of the partnership should be memorialized with a written partnership agreement. Preferably, partners should consult with an attorney.                          ...

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Some Important Statute of Limitations to File a Law Suit

Statutes of limitation are laws that define the time period in which a law suit must be filed. These laws slightly differ from state to state. Below are some important deadlines to file a law suit in the State of New York 1 Year Statute of Limitations: Intentional torts such as assault and battery against a person Libel/Slander, Emotional distress (intentional), False imprisonment 1 Year and 90 days Statute of Limitations: Notice of tort claim against a municipality 2-Year Statute of Limitations: Wrongful death, receiving stolen property (2 years or 5 years depending on facts) Burglary (2 years or 5 years depending on facts) 2 ½ - Year Statute of...

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Legal Insights into the Corporate Dissolutions

Business corporations may be dissolved in two ways: A- Voluntary or Non- Judicial Dissolution:  Under New York Business Corporation Law (BCL) Section 1001, a corporation may be dissolved by the majority vote of the shareholders entitled to vote. No board of director’s vote is necessary. B- Involuntary or Judicial Dissolution: There may be several reasons for involuntary dissolution: Under BCL Section 1101, an Attorney-General may bring an action for the dissolution of a corporation upon one or more of the following grounds: (i) That the corporation procured its formation through fraudulent misrepresentation or concealment of a material fact. (ii) That the corporation has exceeded the authority conferred...

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Rights of buyers in receipt of non-conforming goods

Under the Uniform Commercial Code (UCC, Article 2) Perfect Tender Rule, seller’s promises and performance as to quality, quantity, and manner of delivery of the goods must precisely conform to the purchase contract executed between buyer and seller. If the goods or the tender of the delivery fail in any respect to conform to the purchase contract, the buyer may;   1. Reject the entire shipment; or 2. Accept the entire shipment; or 3. Accept any unit or units of the shipment and reject the rest. For example, buyer contracts to buy 50 blue tee shirts from seller for $1000 but seller delivers yellow tee shirts...

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Removal of corporate directors before the expiration of their terms.

Can shareholders remove a director from the corporation? In Corporate Law, only shareholders of the corporation can remove a director for cause before the expiration of his/her term. Board of Directors (or the “Board”) cannot remove a director for cause unless the Certificate of Incorporation or the shareholder by laws permit Board to remove a director for cause. “For cause” can occur for any action that is considered a grave misconduct such as violation of the corporation code of conduct or ethics policies, failure to follow corporation’s by laws, rules, policies or regular practices, breach of a contract, violence or threatened violence, self-dealing, fraud, forgery,...

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Nisanli (K-1) Vizesi Nedir?

Nişanlı vizesi (K vizesi) bir Amerikan vatandaşı ile nişanlanan ve Amerikaya nişanlısı ile evlenmek ve yerleşmek için gelenlere verilen bir vize türüdür. Nişanlı vizesi için gereken ilk şart Amerikan vatandaşı ile nişanlısının vize başvurusu yapmadan önceki son iki yılda birbirleriyle tanisiyor olmaları gerekmektedir ancak bunun iki istisnası var: 1- Eğer nisanlilardan herhangi birinin kültürüne, örf adet ve geleneklerine veya dini inanışlarına göre nişanlanmadan önce tanışma mümkün değil ve tasvip edilmiyorsa 2- Böyle bir şart nişanlılar için aşırı derecede bir zorluk oluşturacaksa o zaman önceden tanışma şartı aranmaz. Daha önce tanışıyor olma şartı değişik yollardan ispatlanabilir örneğin nisanli çiftlerin telefon görüşmeleri ve faturaları, birlikte çekilmiş...

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Understanding Contract Language

What is the difference between an “effective date” and an “execution” date? The effective date is the date the contract becomes effective. It may be other than execution date. Parties to the contract may specify an effective date. Execution date is the date parties sign the contract. If parties did not specify an effective date, then Contract becomes effective upon signed by the parties. What does "Jurisdiction" mean? A jurisdiction is a venue with its own laws. It may either be a state or a province. For example, New York is a jurisdiction in the United States, Ontario is a jurisdiction in Canada. What...

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