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April 23, 2020

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On April 14, 2020, the Sheppard Mullin French desk hosted a webinar on the impact of COVID-19 on various business sectors. The webinar was organized as a roundtable discussion with two business leaders, Christopher Mars, the U.S. COO of Marie Blanchere, a leading European traditional bakery brand, and Daniel H. Connor, the U.S. CEO of Sia Partners, a leading international independent management and AI consulting firm. The discussion was moderated by partner and Chair of the French Desk, Valérie Demont, and associate Karl Buhler and focused on the following:

Each speaker emphasized their foremost concern relative to staff safety and health

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Continue Reading COVID-19–The 30-Day Mark – A Discussion by Companies on Navigating the New Reality

U.S. Legal Insights for French Businesses

Alternative Sources of Capital for Foreign-Owned Businesses in the US

By Allison Wu Troianos

April 14, 2020

A main focus for businesses in need of capital recently has been the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which expanded the criteria under which borrowers could apply for loans through the U.S. Small Business Administration (SBA), notably through the Paycheck Protection Program (PPP). The most significant change to the PPP has been the determination that US businesses owned by foreign companies are now eligible for loans. For an overview of the terms and conditions of the program, please see our prior alert.

However, the PPP is only one of the programs currently available to businesses.
Continue Reading Alternative Sources of Capital for Foreign-Owned Businesses in the US