waiting for visa date (i1485) and company is sold!!

D

DD2003

Registered Users (C)
waiting for visa date (i485) and company is sold!!

my I140 is cleared PD oct 2005 and waiting for i485 date.
but now my company A is bought by another company B. Integration will be completed in few months. Company A will not be there anymore after integration.

What will happen to my i140 ? it was approved on old company A's name ?

If I stay here will I still be able to file I1485 under acquiring company B's name ?

If I leave this company and join somewhere else, will I be able to use PD of this approved I140 ?
 
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Acquisition

DD2003 said:
my I140 is cleared PD oct 2005 and waiting for i485 date.
but now my company A is bought by another company B. Integration will be completed in few months. Company A will not be there anymore after integration.

What will happen to my i140 ? it was approved on old company A's name ?

If I stay here will I still be able to file I1485 under acquiring company B's name ?

If I leave this company and join somewhere else, will I be able to use PD of this approved I140 ?
Click to expand...

DD2003,

I do not have to much experience in this regard but from what I have read you may have to file another 140 in the new companys name. I think it would be best to consult a reputable lawyer to figure out the details.

good luck,

saras
 
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If the acquisition is strcutured in such a way that 'successor in interest' holds true, you will not have any problem with your current GC process.

All the company 'B' needs to do is file an amendment to to your approved I-140. You can file I-1485 without any problem.

Here is my case. My I-140 got approved in May,2005. My old comapny spun-off our divison as a separate company in July, 2005. The new attorney filed an amendment to my I-140 and the amendment got approved in June, 2006.

Hope this helps,
Srini
 
I am not very familiar with this process.

But I have seen a member ('Unitednations' ) posting about this sometime back. If you track his posts, you may find lot of useful information.

Or send him a 'PM'.
 
Company A's immigration lawyers should be talking to Company B to ensure they are aware of any and all foreign employees. Company B must then declare their interest in retaining your services. There is no interruption to your GC process as Company B just takes the place of Company A as sponsor.
However, you should be getting at least a letter from Company B (or the immigration lawyers) confirming that you are still being sponsored.
 
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