Processing L1 with H1B

[USthebest]

I have a H1B without stamping. In case my compary processes an L1 for me, what will happen to the status of H1B? Is it still valid? can I use it later when I want to travel on H1B?

[USthebest]

Processing an L1 with H1B Petition

I have a H1B Petition from employer A, and my current employer wants to process L1 for me, can I go ahead? Will my H1B be still valid? Can I use it later ?

[itzprams]

I have a H1B Petition from employer A, and my current employer wants to process L1 for me, can I go ahead? Will my H1B be still valid? Can I use it later ?

No impact on H1B petition as long as it is not revoked by sponsor.
Even if employer revokes h1 petition, you can make a transfer using approval copy of A.

Yes, you can use it later whenver you want.