H1B- Company Split into 2 and Immigration status, Transfer

Pande99

New Member
Hi there,

I am in a situation where I work for Company A, My division is bought by an Investment bank.
My H1B is with Company A. I will be working for New company B which is new entity created just for my division.

Does my H1B needs to be transferred from Company A to CompanyB?
Can I use I140 from my earlier employer (Not Company A ) to get 3 years validity.
If I have to transfer my H1B to company B, When should my H1B transfer be initiated? Immediately after started working for company B?

My GC processing with Company A started and is in process of getting Privilege report? Can we use the Privileging report from Company A or does Company B needs to start from the beginning?
 
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