On March 3, 2021, the U.S. Embassy to France announced significant changes in the criteria for granting “National Interest Exemptions” (“NIE waiver”) to certain foreign travelers coming to the United States. The U.S. Embassy strongly advised persons currently in the United States on E, H, L, O, or P visas not leave the United States
U.S. Legal Insights for French Businesses
Legal Updates for French Companies Doing Business in the United States
Blog Authors
Latest from U.S. Legal Insights for French Businesses
Paycheck Protection Program: SBA Issues Guidance on First Draw and Second Draw PPP Loans and Releases PPP Applications Pursuant to the Economic Aid Act
On January 6, 2020, the SBA published its 26th Interim Final Rule (the First Draw PPP IFR) and 27th Interim Final Rule (the Second Draw PPP IFR)[1] with respect to the Paycheck Protection Program (PPP), as reauthorized and modified under Title III (cited as the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues …
How the New Presidential Proclamation Regarding Non-Immigrant Visas Affects Your Company
Presidential Proclamation
On June 22, 2020, the White House announced an extension and expansion of Proclamation 10014, which was originally announced on April 22, 2020 and restricted the issuance of and entry on immigrant visas. The new visa ban expands the restrictions to certain non-immigrant categories.
Short Checklist Summary of the Visa Ban
- Goes into
…
IRS Provides Some Relief to Offset COVID-19 Related Travel Restrictions
Relief on Substantial Presence and Treaty Day-Count Tests.
On May 30th, the IRS issued Revenue Procedure 2020-20 which provides non-U.S. individuals present in the U.S. some limited relief from the day-count tests for U.S. tax residency and for eligibility for certain treaty benefits. The relief comes in the form of the “COVID-19 Medical Condition Travel…
U.S. Government Assistance in Response to COVID-19: Investigations Are Coming
The U.S. Congress has passed a series of laws for easing the economic suffering due to COVID-19, including the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act. The CARES Act and other relief bills have appropriated about $3 trillion for assistance to companies. As companies receive these funds, attention is now turning to…
Main Street Loan Program – US Subsidiaries of Foreign Companies Can Apply
The US Federal Reserve has confirmed in its frequently asked questions about the Main Street lending program (the “FAQ”) that US subsidiaries of foreign companies can be eligible borrowers under the various loans available under the program so long as they otherwise meet the other conditions to eligibility for the loans.
As a reminder, the…
The U.S. economic recovery plan: benefits, limits and risks for French companies in the United States
New York Partner Valérie Demont and Associate Karl Buhler authored an article about the CARES Act and its benefits and pitfalls for French companies doing business in the United States, which was published in the French leading legal review “Les Editions Legislatives.”
See the article here: https://bo.actuel-direction-juridique.fr/content/le-plan-de-relance-economique-americain-avantages-limites-et-risques-pour-les-societes
As you are aware, things are changing quickly…
COVID-19–The 30-Day Mark – A Discussion by Companies on Navigating the New Reality
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…
Alternative Sources of Capital for Foreign-Owned Businesses in the US
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…
Paycheck Protection Program Loan Applications are Opening Today – Eligibility for Small US Businesses Owned by Foreign Companies
The Small Business Administration (“SBA”) in its implementation of the CARES Act just released an updated loan application form for borrowers who want to avail themselves of Title I – Paycheck Protection Program (“PPP”) loans. This form may be found here.
In this updated form, the SBA removed the indication which was included in…
COVID-19 Outbreak and Adjusted EU State Aid Control
The unique EU State aid control law requires, in principle, prior notification by Member States and approval by the Commission of all State aid. During a time of crisis, like the COVID-19 pandemic, EU law allows for a flexible approach for approving urgent State aid. In this post, we discuss the current state of play…
The U.S. Coronavirus Inbound Travel Ban Has Been Expanded to Flights from the U.K., Ireland, and Schengen countries, in Addition to the Previous Ban from China and Iran
By Greg Berk & Karl Buhler
On Monday, March 16th, 2020, the U.S. will be extending the March 13th, 2020 “European Travel Ban” to certain foreign nationals who have been in the United Kingdom and Ireland for 14 days prior to boarding. These two countries were previously exempted from the Wednesday, March 11th Presidential Proclamation (the “First Proclamation.”)
Exceptions and Limitations…
Coronavirus (COVID-19) Insights
By Karl Buhler
With the growing Coronavirus (COVID-19) concerns, Sheppard Mullin has created a webpage dedicated to the issue.
It contains multiple information for those who work in or with the United States, including information regarding labor law, immigration law and other relevant issues.
Sheppard Mullin Coronavirus Insights
For more information, you can also consult these three articles…