Corporate Partner Louis Lehot Expands

National News

According to a press release distributed by Shepard Mullin today, Louis Lehot has joined the Silicon Valley office of Sheppard, Mullin, Richter & Hampton LLP as a partner in the firm's Corporate practice group.  Lehot joins Sheppard Mullin from Simpson Thacher & Bartlett LLP in Palo Alto. 


Lehot's Silicon Valley practice is focused on advising technology companies and their financial sponsors and investment banks in M&A transactions, capital raising transactions, strategic and commercial transactions, as well as corporate governance and securities law compliance matters.


Lehot's recent M&A experience includes advising SiRF Technology in its public stock-for-stock merger with CSR plc, and recent capital markets deal credits include advising the underwriters in Oracle Corporation's $4.5 billion debt financing, in Micron Technology's concurrent public common stock and convertible note offerings and in GLG Partners' convertible note offering.  His clients have included technology names such as AOL, Seagate Technology and SiRF Technology, investment banks including Bank of America Merrill Lynch, Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, Morgan Stanley, UBS and Wachovia, as well as leading Bay Area-based financial sponsors.


"Louis is a rising star in the deal world and an excellent fit firm wide with both our Corporate practice group and technology practice, as well as our Silicon Valley office.  His Wall Street law firm expertise coupled with his Silicon Valley experience will be of great value to our clients," said Guy Halgren, chairman of the firm.


Commented Lehot, "Sheppard Mullin offers a large statewide footprint for a technology company practice in Silicon Valley.  Additionally, the firm's New York, Washington, D.C. and Shanghai offices and leading digital entertainment, media, energy and high technology practices provide a full-service and international platform to support our clients.  I am thrilled to be joining the firm and look forward to growing the Silicon Valley corporate and transactional practice with partner Riaz Karamali." 

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USCIS Adjusting Premium Processing Fee

U.S. Citizenship and Immigration Services (USCIS) announced today it is adjusting the premium processing fee for Form I-129, Petition for a Nonimmigrant Worker and Form I-140, Immigrant Petition for Alien Workers beginning on Oct. 1, 2018 to more effectively adjudicate petitions and maintain effective service to petitioners.

The premium processing fee will increase to $1,410, a 14.92 percent increase (after rounding) from the current fee of $1,225. This increase, which is done in accordance with the Immigration and Nationality Act, represents the percentage change in inflation since the fee was last increased in 2010 based on the Consumer Price Index for all Urban Consumers.

“Because premium processing fees have not been adjusted since 2010, our ability to improve the adjudications and service processes for all petitioners has been hindered as we’ve experienced significantly higher demand for immigration benefits. Ultimately, adjusting the premium processing fee will allow us to continue making necessary investments in staff and technology to administer various immigration benefit requests more effectively and efficiently,” said Chief Financial Officer Joseph Moore. “USCIS will continue adjudicating all petitions on a case-by-case basis to determine if they meet all standards required under applicable law, policies, and regulations.”

Premium processing is an optional service that is currently authorized for certain petitioners filing Forms I-129 or I-140. The system allows petitioners to request 15-day processing of certain employment-based immigration benefit requests if they pay an extra fee. The premium processing fee is paid in addition to the base filing fee and any other applicable fees, which cannot be waived.

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