COVID-19: Overview of Legal Issues and Considerations for Foreign Companies Doing Business in the United StatesOn March 26, 2020 by Schnader in Client Alerts
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Schnader’s Christian Moretti and Beatrice Bottini have created a new client alert, “COVID-19: Overview of Legal Issues and Considerations for Foreign Companies Doing Business in the United States.” The alert reads in part:
The global outbreak of the coronavirus disease (COVID-19) has caused unprecedented disruption for businesses across all regions and industries. Foreign companies doing business in the United States and in multiple jurisdictions face especially complex legal and operational issues. Staying informed, evaluating risks, and weighing appropriate options present exceptional challenges for foreign-based owners, boards of directors and managers, as well as their companies’ U.S. subsidiaries and local management.
The scope of this Client Alert is to provide a brief overview of some of the essential legal issues faced by global companies operating in the United States. Although the extraordinary COVID-19 situation presents many unique legal questions, business leaders may want to take care to also remain focused on some of the basic principles that protect against risk under a wide range of circumstances. In other words, standard best practices may often help to ensure a baseline for effective business responses to the coronavirus crisis.