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Matthew Sava Named Top EB-5 Litigator By EB-5 Investors Magazine

2025-02-12

Reid & Wise is pleased to announce that Matthew Sava, head of the firm’s litigation department, has been honored as a Top EB-5 Litigator by EB-5 Investors magazine, the leading media platform for the EB-5 industry. Based on an industry-wide vote and an evaluation based on industry experience, track record, and reputation within the field, the magazine’s December 2024 issue recognized six attorneys across the country as Top EB-5 Litigators, with Matthew one of only two attorneys focusing on the representation of EB-5 investors in civil litigation. Matthew’s experience and success in representing EB-5 investors was highlighted by the magazine: “With 30 years of civil litigation experience, Matthew represents over a thousand EB-5 investors nationwide in court and arbitral proceedings. He has been lead counsel in obtaining judgements, court orders, and settlements, awarding EB-5 investors more than $100 million.”

Exciting News: Launch of Our New Website to Support Chinese Businesses in the U.S.

2025-01-03

  We are thrilled to announce the launch of our newly dedicated website uslawconsult.com designed to support Chinese e-commerce sellers, small businesses, and mid-sized enterprises in navigating and growing their business ventures in the United States. Understanding the unique challenges faced by Chinese entrepreneurs and businesses looking to expand into the U.S. market, uslawconsult.com offers tailored resources and expert insights to address your needs. Whether you're an e-commerce seller aiming to scale your online operations or a small-to-medium-sized enterprise seeking to establish a foothold in the U.S., this platform is designed with you in mind. This initiative reflects our commitment to fostering cross-border business growth and empowering Chinese entrepreneurs to achieve success in the dynamic U.S. market. Our team brings years of experience in international business law and a deep understanding of the challenges and opportunities that Chinese businesses face. Visit Us Now Explore our new website and discover how we can help you turn your U.S. business aspirations into reality. Together, we can navigate the complexities of U.S. business law and unlock new opportunities for growth. For further information, feel free to contact our team. Join us as we embark on this exciting journey to support and empower Chinese businesses in the United States!

Reid and Wise LLC has been ranked in New York Chambers Spotlight 2025 Guide

2024-11-27

Reid and Wise LLC has been ranked in New York Chambers Spotlight 2025 Guide and recognized as a top boutique firm handling high-quality work. Reid and Wise LLC evidenced significant expertise, calibre of talent and experience serving a range of clients in the market. Chambers is the most authoritative ranking in the global legal industry and is highly prestigious. Published by the globally renowned Chambers and Partners, this guide conducts rigorous independent research and gathers industry feedback to provide a comprehensive evaluation of the service quality, professional expertise, and client satisfaction of top law firms and lawyers worldwide. Therefore, being featured on the Chambers Spotlight list is a significant honor for law firms and lawyers, often regarded as a benchmark of industry recognition. The Chambers Spotlight rankings were awarded to select firms in the state. These ranked firms were recognized for their strengths in key practice areas vital to New York’s businesses and residents. Reid and Wise LLC stood out for its exceptional work and is recognized in Litigation: General Commercial, and immigration. Shiyong Ye, expressed the firm's gratitude: “Reid and Wise is honored to be recognized by Chambers and Partners in their Spotlight Ranking. This acknowledgment underscores our dedication to fostering the corporate and individual success of our clients through top-tier legal services tailored to their unique needs and the complex challenges they face.” This recognition underscores Reid and Wise LLC’s position as a key player in New York’s legal landscape, offering clients throughout the state access to high-quality legal representation that combines big-city expertise with local specialized support. The city’s diversified business community is reflected in the New York Chambers Spotlight 2025 Guide ranked across 24 distinct practice areas.

Two Reid & Wise Attorneys Recognized as Super Lawyers for Three Consecutive Years

2024-11-26

Super Lawyers has recognized two Reid & Wise attorneys, Shiyong Ye and Matthew Sava, as New York Metro Super Lawyers from 2022 to 2024, marking three consecutive years of recognition for their exceptional achievements in investment-related litigation and dispute resolution. Shiyong Ye is the managing member of Reid & Wise. He has represented financial institutions, multinational corporations, and high-end individuals in litigations, arbitrations, and dispute resolutions involving over 2 billion dollars of investments. Mr. Ye has advised a range of Chinese corporate and individual clients on their business in the US. His clients include public companies, manufacturers, supplies, funds, and trading companies. Matthew Sava heads up the Firm’s Litigation Department, where he specializes in complex commercial disputes, EB-5 investment disputes, securities litigation, cross-border disputes, class actions, and international arbitrations. Matthew started his career as a litigation attorney with Skadden, Arps, Slate, Meagher & Flom LLP, after having served as a research assistant to Professor David Siegel, author of New York Practice, and a senior law clerk to Judge Carmen Ciparick of New York’s high court, the New York State Court of Appeals. Mr. Sava has been nominated as Best Litigator by EB-5 Investors Magazine. He has obtained judgements, court orders, and settlements awarding more than $100 million for hundreds of EB-5 investors. Super Lawyers, part of Thomson Reuters, is a research-driven, peer influenced rating service of outstanding lawyers who have attained a high degree of peer recognition and professional achievement. Each year, Super Lawyers recognizes the top 5% lawyers in the New York metro area as selected through peer nomination and independent evaluation by a “Blue Ribbon Panel”.

Reid& Wise Head of Corporate and Fund Formation Karen (Zhenkun) Liu Author Article for American Bar Association

2024-06-20

Karen (Zhenkun) Liu, Head of Corporate and Fund Formation at Reid & Wise, authored an article published at American Bar Association entitled, “What Investment Advisers Can Learn from the 2024 Marketing Rule Risk Alert.” The article reviews a Risk Alert newly issued on April 17, 2024 by the SEC's Division of Examinations sharing the staff's initial observations from their real-life examinations of investment advisers' compliance with amended Rule 206(4)-1 under the Investment Advisers Act of 1940. The observations focus on advisers' compliance with Marketing Rule–related aspects of Advisers Act Rule 206(4), Advisers Act Rule 204-2, and the Marketing Rule's “General Prohibitions,” as well as accurate disclosure of their Marketing Rule compliance in Form ADV. Karen shed light on the itemized illustrations provided by the observation to investment advisers, which can help them understand how to better comply with the Advisers Act's antifraud rules in their day-to-day advertising practices. Click here to read the full article.

Reid & Wise Achieves Groundbreaking Milestone For EB-5 Investors: First-Ever I-526E Approval under EB-5 Reserved Category

2023-08-02

BREAKING NEWS, United States Citizenship and Immigration Services (USCIS) has approved its first-ever Form I-526E for a rural EB-5 project investor under the EB-5 Reform and Integrity Act of 2022 (the “2022 RIA”). “Sophie” Yuxia Zhang, Esq from Reid & Wise served as the EB-5 investor’s immigration counsel. This momentous achievement not only highlights Reid & Wise's exceptional legal representation of EB-5 investors but also underscores the advantages of investing in reserved EB-5 projects, including expedited processing and set-aside visas. As one of the earliest I-526E petitions filed under the rural EB-5 project within the 2022 RIA, the current EB-5 I-526E petition was submitted on August 25, 2022. In less than 11 months, on July 18, 2023, the I-526E petition received approval without any Request for Evidence (RFE). In the past, the adjudication process for EB-5 I-526 petitions had been notoriously protracted, with USCIS processing times averaging around 56.5 months for 80% of cases. However, this unprecedented approval of the I-526E petition in just 11 months highlights the unparalleled opportunity for both EB-5 investors and projects to benefit from priority processing, particularly in rural projects. Reid & Wise has built a stellar reputation for successfully representing EB-5 investors in immigration matters and was instrumental in assisting these investors in demonstrating the source of their funds in I-526E petitions. Since the enactment of the 2022 RIA, Reid & Wise has been a staunch advocate for dozens of EB-5 investors in reserved EB-5 projects. This historic approval of the first-ever I-526E petition solidifies Reid & Wise's position at the forefront of the EB-5 bar. Reid & Wise LLC, Chair of Immigration Department: “Sophie” Yuxia Zhang, Esq.  yxzhang@reidwise.com

Reid & Wise Welcomes F. Oliver Yang to Co-Lead its Immigration Department

2022-04-16

Business immigration law attorney Oliver Yang has joined Reid & Wise. As the Co-chair of the Immigration Department, Mr. Yang will lead and be involved in E-2, EB-5, and other business immigration issues. Mr. Yang has extensive experience in investment-based and employment-based immigration. Prior to joining Reid & Wise, Mr. Yang was an attorney at Klasko Immigration Law Partners, LLP for eight years. He was the Co-chair of their E-2 practice and represented both individuals and corporations in a wide range of immigrant and non-immigrant matters. Before becoming an immigration attorney, Mr. Yang practiced consumer bankruptcy and commercial litigation, and previously interned for a U.S. bankruptcy judge and a Virginia House of Delegates member. Mr. Yang is admitted to practice in the states of New Jersey and Maryland.

加入对高盛集团和摩根士丹利证券交易欺诈的诉讼

2021-11-03

2021年3月底,投资银行高盛(Goldman Sachs)和摩根士丹利(Morgan Stanley)获得当时未公开的信息,出售大量高途科技教育公司(GAOTU TECHEDU INC. )股票,利用内幕信息进行交易。根据申诉,被告高盛集团和摩根士丹利在持有非公开信息的同时进行非法交易,并且:(1)根据其与Archegos管理公司(“Archegos”)的关系获得非公开信息;(2) 出售价值数十亿美元的高途科技教育公司(GOTU)股票。因此,高途科技教育公司股票在2021年3月22日至2021年3月29日的一周内下跌超过60%。 目前对高盛集团和摩根斯坦利的诉讼已经被提起。如果您在2021年3月22日至2021年3月29日期间购买了高途(GOTU)的股票,并且希望参加该诉讼,请发送邮件至 sye@reidwise.com 联系叶律师来进一步讨论您在本案件中的权益。

加入欺诈案集团诉讼-纽约拉瓜迪亚机场酒店项目

2021-10-01

美国锐明文泽律师事务所(Reid & Wise LLC)宣布已于2021年9月17日和9月21日分别代表EEGH I, L.P. 和 EEGH II, L.P. 两家合伙企业的投资人在美国纽约东区联邦地区法院提起了集团诉讼,案名为Li v. Fleet New York Metropolitan Regional Center LLC et al(案号:1:21-cv-05185-MKB- RER)及 Ai et al v. Federal New York Metropolitan Regional Center LLC et al(案号:1:21-cv-05250-PKC-RML)

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