H1 transfer

[IWannaBreakFree]

I have a very simple question here.

I have two options currently. My current company is being bought out and I have a job offer. I want to explore both options and pursue them being legal with minimum hassle.

BUY OUT
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In case my company is bought, do I need an H1 transfer for the new company or notify the INS of the transaction. How does this work? My new paychecks will come with the new company's name. Will this be a problem for an H1 transfer later, if I decide to move elsewhere.

NEW OFFER
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I also have an offer from another company. Am I better off taking the offer before the companies buy out, becuase the paystubs will have to new owner companies name.
What documents do I need to file for an H1 transfer? How long does it take? Is it a hassle? Can I file for premium processing?

There are a lot of questions above. If you havent noticed yet, I am quite confused. Any help will be much appreciated.

Thankx all

 

[tt tt]

Ok here goes..

There are different types of acquisitions :
1) In one case the acquiring company gets the tax id of the acquired company...this is usually the case if the acquired company is quite large..in this case it is not required to file for a new H1.

2) In the other case..where the acquiring company acquires a very small company..they just file for a new company.

Check with your HR / Lawyer about which category you will be in.


In case of a new offer : you need current company's H1 approval, current paystubs ( with matching company name )..get a lawyer and it is no hassle at all. You can file premium processing.