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  • L1B to H1B COS

    Hi,

    Would appreciate your quick reply re the below case. Thanks in advance for your help.

    My employer X filed a L1b visa for me in 2010 and i entered the states in 2010. Have been in this country till now on L1b after an extention, maxing out my current visa this september.
    Employer X filed a H1B for FY2016 which was approved last month and will extend my period of stay till Jan 2017 considering the time i spent outside USA in the past 5 years.

    However, we were informed that the project is being terminated and i fear of losing my job. While they say the H1 kicks into effect only from Oct 2015, Is there any way i could file for a transfer to Employer Y?

    Are there any exception on the H1B start date in the case of a COS from L1 to H1?

    Another consultant's immigration attorney mentioned that if i travel outside USA and return somehow my H1B comes into effect. Is that true? What are the risks im facing in this case?
    Pls help

    Sud

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