REID & WISE LLC

RECENT NEWS & RANKINGS

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

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...

Two Reid & Wise Attorneys Recognized as Super Lawyers

Super Lawyers has recognized two Reid & Wise lawyers, Shiyong Ye and Matthew Sava, as 2022 New York Metro Super Lawyers for their achievements in investment related litigations and dispute resolutions. 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, power grids, electric generation, oil and gas, and industry coalitions. 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,...

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

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...

Reid & Wise is excited to welcome Edward Wu as the head of their bankruptcy practice

In today’s interconnected world, Chinese individuals and companies are increasingly engaging in more commercial transactions with American companies. These transactions may take the form of debt or equity investments, purchase orders by customers, and other situations that involve the extension of credit. Inevitably, some of the American counterparties will file for bankruptcy. Bankruptcy law in the United States is a specialized field that is often best left to lawyers that concentrate in that area. There are many hurdles that creditors have to navigate in a bankruptcy case. Many creditors need to file a claim by a court ordered deadline, or else they will be forever barred from recovering against the debtor. Secured creditors need to protect their interest in their...

Matthew Sava Addresses Enforcement of Foreign Judgments and Awards At World Litigation Forum

Matthew Sava, head of litigation at Reid & Wise LLC, was invited to speak at the 9th World Litigation Forum, held in Amsterdam on July 2, 2019. For his prepared remarks, Matthew discussed the international enforcement of court judgments and arbitration awards, reviewing the principal instruments governing each system and their relative advantages and disadvantages. Matthew surveyed different approaches across the globe, with particular emphasis on the enforcement regimes in the United States and China. Matthew served on a panel with lawyers from Italy, Switzerland and the Cayman Islands, leading to a lively and informative debate. The World Litigation Forum is attended by litigation experts from around the world and provides a forum for leading practitioners to exchange ideas and to shape the global litigation...

Former Federal Immigration Court Judge Alexander K. Hom Joins Reid & Wise

Former Federal Immigration Court Judge Sandy K. Hom joined Reid & Wise today. He will be in charge of immigration department of the firm and will be involved in EB-5 and other immigration-related litigation and dispute resolution. Mr. Hom served for over 25 years in the United States Immigration Court. Mr. Hom was the first Asian American appointed to the US Immigration Court on the East Coast by US Attorney General Janet Reno in April 1993. Prior to his appointment to the Immigration bench, Mr. Hom was Senior Litigation Partner with the Firm of Hom & Hsiung, Esqs in New York City from 1985 to 1993. During that time, Mr. Hom also served as Chief Legal Counsel for Refugee and Migration Matters...

Matthew Sava Invited to Speak at the 11th Annual IIUSA EB-5 Advocacy Conference in Washington, D.C.

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 centers and managers of EB-5 projects to keep the process of redeployment of EB-5 investment funds transparent, and discussed ways that investors may exercise their voting right and take activist actions to protect their limited partnership interest while their immigration petitions are pending for approval. Lawyers, bankers, fund managers, and EB-5 regional centers from the U.S. and abroad attended this three-day-conference to discuss and learn...

Reid & Wise Announces New Member in its Newly Established San Francisco Office

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 start-ups for manufacturers, healthcare providers, financial institutions and high-tech companies. She has also provided corporate and commercial transaction services to many U.S. companies in different stages. Prior to joining the firm, Ning worked at White & Case Palo Alto Office and Shanghai Office, as well as Jones Days Atlanta Office and Shanghai Office for more than 10 years, during which time she counseled a wide...

Reid & Wise Wins Federal-Court Trial

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 claimed that Reid & Wise’s client was not the true owner of the property and brought this lawsuit against the client to try to deprive the client's ownership interest in this property. After a 3-day trial, the Court read its decision into the record, rejecting all of the plaintiffs’ claims and ruling in favor of our client. The Reid & Wise trial team consisted of...

Matthew Sava Invited To Speak At EB-5 Seminar

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 to take to mitigate litigation risks. Matthew was joined on the panel by other leading EB-5 practitioners.

Commercial Litigation

Trade between China and the United States has been steadily increasing in recent years. When US and Chinese companies find themselves embroiled in complex, high-stakes disputes that cross national boundaries...

Immigration

At REID & WISE, our lawyers are skilled in both law and business. We will tailor your case with the precision and knowledge necessary to suit the specific needs of each client...

Investment Dispute Resolution

Over the past decade, courts, counsel, and clients have sought ways to deal with the delays and cost of lawsuits. This has led to the growing use of Alternative Dispute Resolution...

Corporate & Tax

Reid & Wise's corporate attorneys possess abundant experience and know-how not only to analyze legal issues and prepare legal documentation, but also to provide appropriate solutions to...

Family & Trust

Our family heritage and financial planning team provides comprehensive planning and wealth tax solutions for family heritage planning to meet the needs of our clients...

Bankruptcy

The Bankruptcy and Creditors’ Rights Group represents both secured and non-secured creditors in U.S. Federal Bankruptcy cases and in seeking financial recovery...

ABOUT R&W

We are an international law firm, comprised of talented and dedicated lawyers, recognized as the premier firm serving the US-China business corridor. Our lawyers practice law in both the United States and China to provide premium legal services on a cost-effective basis. We have a sophisticated cross-border transactional practice, are a recognized leader in counseling clients in EB-5 investor immigration issues, and have a broad-based commercial litigation practice. We are able to devise strategies to enable our clients to achieve their goals in all aspects of cross-border transactions and to protect their rights and interests through effective dispute resolution. We have offices in New York and Shanghai and a network of trusted lawyers across the globe.

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