Pangaea Regional Center

Advisory Board

Advisory Board.  The Regional Center has assembled a team of leaders in business, fisheries, EB-5 program knowledge, etc. to advise it on a regular basis.  Preliminarily, the Advisory Board will be comprised of the following industry leaders. 

Tim Kennedy 

Tim Kennedy has a long history of owning and operating and building numerous fishing vessels and processing ships in Alaska and both the West and East Coast over the past 20 years.  Mr. Kennedy’s distinguished history of operating large ships in the fishing industry:

  • F/V Mystery Bay, 180 foot combination towboat/ research/ crab catcher vessel; and
  • F/V Icy Bay 140’ crab catcher vessel;
  • Secret Island a 127’ offshore supply vessel operating in Galveston, Texas.
  • “Omnisea” 340’ fish processing vessel and 225’ “Ocean Pride” in Baja California, Mexico in the sardine fishery
  • Operated the 280’ freezer barge “Isla de Cedros” in the Baja California sardine fishery.
  • 140’ crab catcher processing vessels “Pacific Trawler” and Mr. B in Uruguay and South Africa in the Red Crab and Patagonian tooth fish fisheries
  • Ikaria Kai One, 257’ salmon processing ship
  • Acquired and converted P/V Atlantic Frost 360’ processing ship with partners for the herring and mackerel fisheries in New England.
  • Built and operated several Delta Marine seiners for the Alaska salmon, herring and longline fisheries.
  • Operated the 100’ “Forest Transporter” in British Columbia as a fish farm support vessel

Prior to that, Mr. Kennedy started Scan Am Group/Cypress Salmon in 1982, the first American salmon farm located in Anacortes, Washington.  Mr. Kennedy also started NorAm Aquaculture of Campbell River, British Columbia, which operated 18 salt-water salmon farms, a processing plant and a fresh water hatchery.  In 2001, Scan Am Group was selling 12 million pounds of Atlantic salmon and had gross sales in excess of $25 million per year.  That year Scan Am Group was sold to a Canadian publicly traded company and a Norwegian multinational company.

Stephen Ouellette, Esq.

Stephen Ouellette has been practicing law and trying cases in state and federal courts and before administrative agencies for over 20 years representing fishermen, individuals, small businesses and insurance companies.  He has litigated at the trial level and handled appeals before the Massachusetts Supreme Judicial Court and federal appellate courts in the First, Second, Third and Fourth Circuits.  His practice includes significant personal injury property damage and contract cases, both maritime and land based from both the plaintiff and defense perspectives.

 A strong advocate for the commercial fishing industry, Stephen Ouellette, since 1994, has regularly attended fishery management meetings and comments on proposed rulemaking.  He frequently submits comments to ensure regulatory fairness in fisheries law enforcement and proper administration and implementation of the fisheries conservation measures to ensure the viability of commercial fishing interests providing guidance to legislators and Congressional Committees.  Mr. Ouellette provides guidance to maritime and shore based businesses. 

Debbie A. Klis, Esq

Debbie A. Klis concentrates on transactional matters in an array of business, securities and tax issues as an attorney with the national law firm of Ballard Spahr LLP.  She is known for her work with investment management companies, including the formation and operation of EB-5 immigration investment funds, hedge funds, private equity funds, SPACs, real estate funds, oil and gas funds and international master-feeder structures.  Ms. Klis represents developers and others seeking to use foreign investment funds under the EB-5 program to fund their projects, either through the formation of a Regional Center or by joining with an existing Regional Center.  She handles all legal aspects of the preparation and filing of Regional Center designation and Regional Center amendment applications, including project business plans, securities offering documents, and corporate documents for compliance with the EB-5 program requirements, and in consulting and advising clients on the EB-5 program as an alternative source of funding for their real estate development or company needs.

Ms. Klis also advises equity sponsors, their portfolio companies, and registered and unregistered funds on issues involving the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Adviser Act, the Investment Company Act of 1940, and the Commodity Futures Act.  She has extensive experience with private securities offerings, including PIPEs, and major high-yield transactions and investment-grade debt offerings.  Utilizing her LL.M. in tax, Ms. Klis is able to identify potential tax issues and available federal and state tax credits, including New Markets Tax Credits, and work with members of the firm's Tax Group to advise her clients.