April 24, 2018
Matthew Sava was invited to discuss the state of EB-5 investment litigation at the 11th Annual IIUSA EB-5 Advocacy Conference on April 23, 2018 in Washington, D.C. Joining with other leading EB-5 practitioners on the panel, Matthew discussed the comprehensive approach to resolve EB-5 Investment-related disputes, stressed the importance of the roles of the regional... read more
November 30, 2017
On September 12, 2017, China signed the Hague Convention on Choice of Court Agreements at the Ministry of Foreign Affairs of the Netherlands. The Convention requires the courts of a member nation, if not chosen as the dispute-resolution venue in an agreement between contracting parties, to stay all proceedings in favor of the courts of... read more
October 24, 2017
Recent protests of China's new laws about cross-border data transfer may not sway regulators given rising digital walls around the world. On September 26, the U.S. raised concerns at the World Trade Organization (WTO) about the Chinese Cybersecurity Law which took effect in June 2017. A U.S. letter stated that measures enforced in their current... read more
October 1, 2017
Reid & Wise LLC is pleased to announce the addition of Ning Zhang as a new partner in its newly established San Francisco Office. Ning has extensive experience representing U.S. companies in their Chinese investment and Chinese companies in overseas mergers and acquisitions. She specializes in mergers and acquisitions, joint ventures, strategic alliances and greenfield... read more
August 24, 2017
After a hard-fought, three-year court case, Reid & Wise prevailed in a trial in the United States District Court for the Eastern District of New York and helped the client retain her ownership interest in a property valued at more than $5 million. The case involved a dispute over the ownership of property. The plaintiff... read more
May 17, 2017
Matthew Sava made a presentation on EB-5 litigation issues at a seminar entitled, "The EB-5 Program Reform: What Your Firm Should Be Aware of In 2017," on May 17, 2017. For his presentation, Matthew reviewed the types of claims frequently encountered in EB-5 lawsuits, reviewed SEC enforcement trends, and provided practical guidance on the steps... read more
May 11, 2017
On Monday evening May 10, 2017, Reid & Wise’s partner Shiyong R. Ye was invited by Bill De Blasio, Mayer of the City of New York, and Chirlane McCray, First Lady of the City of New York, to join the celebration of the Asian Pacific American Heritage month at Gracie Mansion, the Mayer’s residence along... read more
May 9, 2017
China’s Network Security Law (the “NSL”), adopted late last year, is set to take effect on June 1, 2017. One of the most important provisions of the NSL is Article 37, which requires operators of critical information infrastructure to store personal information and important data within China. Transferring such information overseas is only permitted after... read more
May 6, 2017
Investing in Chinese companies is no easy task, as such investments oftentimes entail complex restrictions imposed on foreign-owned entities, especially in certain restricted industries. To avoid being treated as foreign invested companies, many Chinese companies have opted to set up a contractually owned structure called a Variable Interest Entity (VIE), which allows foreign investors to... read more
March 13, 2017
Chinese market has all the reasons to be one of the most attractive markets to internet-based start-ups. China, with 721 million of online users, remains the largest internet market according to the Broadband Status Report issued by the United Nations Broadband Commission in September 2016. This number of online users is more than 2.5 times... read more
