Reid & Wise won summary judgment voiding a 2020 deed and mortgage on a Buffalo landmark, clearing the way to enforce an EB-5 investor's $10M+ judgments.
Karen Liu, head of Reid & Wise's Corporate & Fund Formation practice, spoke at Global Chamber® New York City on why companies need a corporate lawyer.
Karen Liu of Reid & Wise LLC has been named to the 2026 New York Metro Super Lawyers list - her second consecutive year - alongside two fellow attorneys.
Reid & Wise secured a $23 million EB-5 arbitration award in California. Why EB-5 disputes are often arbitrated, and what the process means for investors.
Reid & Wise is pleased to announce that Matthew Sava, head of the firm’s litigation department, has again 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 2025 issue recognized ten 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 have been recognized 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.”
Reid & Wise recovered over $7 million for Chinese EB-5 investors in a hotel project bankruptcy by pressing fraud claims over "first-priority" promises.
Reid & Wise attended the 2025 Huaxia Chinese School Teachers' Conference as VIP guest and sponsor, continuing its support for Chinese-language education.
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.
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”.
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.
