Buyers and sellers are walking away from deals for various reasons, including changing deal conditions and higher levels of uncertainty, as parties on both sides try to figure out the extent of the pandemic’s impact. Buyers and sellers alike are turning their attention to their own companies in an effort to minimize losses and handle difficult employment decisions, and as a result, M&A activity is adversely impacted.
Late Wednesday the president issued an executive order limiting the issuance of immigrant visas at U.S. consulates abroad. This article reviews exactly who is—and who is not—subject to the order. With notable exceptions, those most affected are nearly all categories of business-based immigration and most family-based immigrants.
On April 13, 2020, US Citizenship and Immigration Services (USCIS) announced delays in entering data and generating receipt notices for FY 2021 Cap-subject H-1B petitions until “at least” May 1, 2020. Due to delayed data entry and notice generation, there will be a general delay in processing FY 2021 cap-subject petitions. USCIS advises it is, “mindful of petitions with sensitive expiration and start dates, such as cap-gap petitions, and will strive to process these petitions as efficiently as possible.”
The COVID-19 crisis and the associated suspension of many international flights are impacting many people in the US under a variety of visas which require that a person leave the US by a certain date. The steps to take to seek to extend a period of stay vary according to the type of status held, and the government’s policies being adopted in response to the COVID-19 crisis.
On April 1, 2020, US Citizenship and Immigration Services (USCIS) announced that the current closure of all local offices will be extended at least through the end of May 3rd, unless the closure is extended further. The closure affects all in-person activities including interviews, naturalization oath ceremonies, and biometrics collection appointments. In case a true emergency requires action, such as a temporary stamp in a passport, emergency accommodation may be requested.
Employers should be advised that the surge in filings for unemployment is bringing to light potential conflicts of employee social security numbers or employment authorization documents.
New USCIS Policy Allows Certain Electronically Copied Signatures During the COVID-19 Distancing Measures
USCIS temporary policy provides acceptance of most applications or petitions for immigration status or documents that contain scanned or “electronically reproduced” original signatures, including the Petition for Nonimmigrant Worker.
Because employers are taking precautions to reduce the spread of COVID-19 by having employees work remotely, the Department of Homeland Security will exercise discretion to defer the physical presence requirements associated with Employment Eligibility Verification (Form I-9) under Section 274A of the Immigration and Nationality Act (INA).