This is a really difficult situation, believe me. When the company closes before 180 days of filing 485, lawyers freekout giving vivid ideas and message boards create high hope. Be carefull nothing is guarenteed and nothing is clear.
People say you can use the EAD to work for the new employer, but my company lawyer (the new company hiring me )says, if you have time left in H1 then only thru transfering H1B only you can work otherwise the lawyer may be willing to accept the EAD. Company won\'t hire you unless this lawyer clears the case...
The lawyer also suggests the filing of new H1 won\'t hurt the current 485 application in process but things may turn to worst later...
People say you can use the EAD to work for the new employer, but my company lawyer (the new company hiring me )says, if you have time left in H1 then only thru transfering H1B only you can work otherwise the lawyer may be willing to accept the EAD. Company won\'t hire you unless this lawyer clears the case...
The lawyer also suggests the filing of new H1 won\'t hurt the current 485 application in process but things may turn to worst later...