Stimulus Bill Restricts H-1B Hires for Financial Institutions That Receive TARP Money

On February 17, 2009, President Obama signed the American Recovery and Reinvestment Act of 2009, otherwise known as the Stimulus Bill.   The final version of the bill includes the Sanders H-1B amendment which severely restricts the ability of financial institutions that received funding under the US Department of Treasury’s 700 billion "Troubled Assets Relief Program"...
read more

Don't Violate Immigration Laws When Making Tough Decisions

According to the Department of Labor’s Bureau of Labor Statistics, North Carolina’s unemployment rate reached 8.7 percent in December. As our economy continues a period of slow growth, many employers are forced to cut costs to ride out the economic downturn. Unfortunately, just looking at labor statistics shows that many employers are making hard decisions such as reductions in...
read more

The Open-Door Bailout

This article gives a unique perspective on the role immigrants can play in helping America through the economic recession. Op-Ed Columnist The Open-Door Bailout By THOMAS L. FRIEDMAN Published: February 10, 2009 Bangalore, India Thomas L. Friedman Leave it to a brainy Indian to come up with the cheapest and surest way to stimulate our economy: immigration. “All you need to do is grant...
read more

'Tis The H-1B FY 2010 Cap Season!

The Fiscal Year (FY) 2010 H-1B cap begins on October 1, 2009. The earliest an employer can file an H-1B application for an October 1, 2009 start date is April 1, 2009. That date is fast approaching. For the past two years, the number of H-1B applications received by the USCIS far exceeded the cap of 65,000 visas for regular H-1B cases and 20,000 visas...
read more

Law Firm Members Commit to Charitable Work

We at Bashyam Shah place great importance on charitable work and helping others.  Murali Bashyam recently joined the Board of Directors of the Tammy Lynn Foundation.  The Foundation operates the Tammy Lynn Center for Developmental Disabilities, which offers educational, residential and family support services to nearly 400 children and adults with special needs.  If...
read more