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 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:
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.
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.