PODCAST

Sheppard Mullin's French Insider

Sheppard Mullin's French Desk attorneys

What should French investors know about successfully doing business in the U.S.? From cultural and legal differences, to business development and expansion, Sheppard Mullin’s French Insider podcast is dedicated to helping French investors and companies growing their companies in the U.S. Each episode will feature conversations with thought leaders and experts in various industries including technology, life sciences, fashion, energy, entertainment, and many others. Tune in to learn about the challenges faced by those investing in the US and practical advice to approach those challenges.
Tips for French Individuals Relocating to the US: Dos & Don’ts, Hiring, and Adjusting to Cultural Differences
Romain Poirot is the Advertising Director of French Morning. French Morning is the first e-magazine in the United States directed to the French- speaking community living in the U.S. , as well as French people traveling to the U.S. . Created in 2007, it is a local service for a global community, with more than +180,000 visitors per month and +90,000 followers on Facebook and Instagram. Romain joins us today from New York to discuss the challenges, advice, do's and don'ts and everything that every French relocating to the U.S. should know before making the move . Romain shares his experience of over 10 years living in the U.S. and talks about the cultural, professional and financial similarities and differences between living in France and living in the U.S. . What We Discussed in This Episode: International relocation: Do's and don'ts;How to get hired in the US;Private retirement plans;Health insurance in the U.S. ;Navigating cultural differences between the French and the Americans; Romain Poirot: rpoirot@frenchmorning.com Karl Buhler: https://www.sheppardmullin.com/kbuhler Check out French morning: Website : https://frenchmorning.com/ Facebook : https://www.facebook.com/FrenchMorning/ email : info@frenchmorning.com Instagram : @french.morning Connect with the French Desk:  Sheppard Mullin French Desk: https://www.sheppardfrenchdesk.com/  Co-Chair - Valérie Demont  Co-Chair: Christine Hoefliger Hourcade   This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.
Nov 1 2021
45 mins
What Businesses Need to Know about the US and Canadian Workforces: HR, Return to Office, and Cultural Differences with Wendy Alderdice [FI 007]
As the North American labor market experiences new challenges, shifts, and changes, HR professionals and recruiters are looking to stay informed on how to differentiate themselves in the market. Alongside these shifts, differences between French and North American markets bring unique perspectives and differences in workplaces. In this episode, we dive into the realities of the North American workforce from an HR perspective in 2021. Joining the podcast is Wendy Alderdice, Chief Human Resources Officer at Socomec Group. With over 25 years of business experience aligning HR strategy, Wendy has expertise in all aspects of Human Resource Management within a global context, including development and implementation of HR strategy, organizational development, change management, strategic communications, and more. What is your perspective on the North American labor market?What are some of the challenges related to the North American labor market?With all these challenges with the labor market, how do you attract talent, especially as a new-comer to the market?How do you differentiate your offer, especially when you are not the highest paying one?How is the HR function important to the growth of North America?What do you think are the skills and attributes of a strong HR professional?How important is it to set the tone at the top with management for the North American workforce?How important are company values to a business?What are some of the cultural differences that exist when you compare French and North American workplaces?What are some of the difficulties that have arisen working with both the French and North American workforce?What programs have you implemented while trying to navigate COVID-19 in the workplace? Contact Information: Wendy Alderdice, Chief Human Resources Officer, Socomec, North America Sheppard Mullin French Desk  Co-Chair - Valérie Demont  Co-Chair: Christine Hoefliger Hourcade
Sep 30 2021
50 mins
How European State Aid Impacts French Subsidiaries of U.S. Companies with Jacques Derenne [FI 006]
For subsidiaries of U.S. companies looking to establish and/or grow their presence in an EU Member State and are perhaps seeking financial assistance from one of the Member States, it’s important to be aware of the European Union’s regulation of State aid. What is State aid and how does it impact U.S. companies with subsidiaries in the European Union, including France? We’re discussing the latest updates to EU State aid and discussing these controls vis-à-vis COVID-19.  Joining the podcast is Jacques Derenne, the Co-Leader of Sheppard Mullin’s Antitrust and Competition Group and the head of the EU Competition & Regulatory practice at Sheppard Mullin’s Brussels office. He is a member of the Brussels and Paris bars. He is also a Professor at the University of Liège and at the Brussels School of Competition. The co-hosts for this episode are Valérie Demont and Sarah Ben-Moussa. Valérie Demont is a partner in the Corporate Practice Group in Sheppard Mullin’s New York Office and the Co-Chair of Sheppard Mullin’s French Desk. Valérie focuses her practice primarily on U.S. and cross-border mergers and acquisitions, capital markets and securities offerings and corporate governance matters. She has been involved in numerous mergers, acquisitions, joint ventures and dispositions for corporations and private equity funds in the U.S., Europe and Asia (including India). In particular, she routinely advises foreign companies with the establishment and growth of their operations in the United States. Sarah Ben-Moussa is an associate in the Corporate Practice Group in Sheppard Mullin’s New York office and is a member of the firm’s Energy, Infrastructure and Project Finance team. Sarah focuses her practice on domestic and cross-border mergers and acquisitions, financings and corporate governance matters. As a member of the firm’s French Desk, she has advised companies and private equity funds in both the United States and Europe on mergers, acquisitions, joint ventures, financings, complex commercial agreements, and general corporate matters. What We Discussed in This Episode: What is European Union (EU) State aid and why does it exist?What are the cumulative criteria that must exist to justify the existence of a State aid?What is the process of seeking State aid approval from the European Commission?Can a U.S. company with a foreign subsidiary benefit from State aid?If a French business wanted to set up a company in the U.S., can they apply and receive assistance from the French government? If so, how?Is any COVID-19 financial assistance to companies considered State aid?Due to the COVID-19 pandemic, what guidelines did the European Commission provide regarding the issuance of State aid?How are block exemption regulations allowing companies to avoid the State aid prior notification requirement?What can companies learn from State aid-related litigation in the airline industry?How the proposed EU regulation on the control of foreign subsidies is likely to impact non-EU companies, such as U.S. companies, investing in the EU? Resource: The European Commission Adopts a Proposal for a Regulation on Foreign Subsidies Distorting the Internal Market, by Jacques Derenne  Contact Information: Jacques Derenne - https://www.sheppardmullin.com/jderenne  Sheppard Mullin French Desk: www.sheppardfrenchdesk.com Co-Chair - Valérie Demont –  https://www.sheppardmullin.com/vdemont  Co-Chair - Christine Hoefliger Hourcade - https://www.sheppardmullin.com/choefliger  Sarah Ben-Moussa - https://www.sheppardmullin.com/sbenmoussa   Thank you for listening! Don’t forget to FOLLOW to the show to receive every new episode delivered straight to your podcast player. If you enjoyed this episode, please help us get the word out about this podcast. You can listen in Apple Podcasts, Amazon Music, Stitcher Radio, Google Podcasts, or Spotify. Be sure to connect with us and reach out with any questions/concerns: LinkedIn Facebook Twitter  Sheppard Mullin French Desk website This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.
Sep 1 2021
44 mins
Understanding a Company’s Sales and Use Tax Liabilities in the U.S. with Justin Hepworth [FI 005]
Taxes can be complicated. This is especially true in the United States, where not only is there a Federal tax system, but every state has its own tax system as well. Understanding your tax liabilities in the U.S. means understanding the intricacies of the tax system of each state you’re doing business in. How are tax liabilities assessed and what type of taxes can a French company doing business in the U.S. be subject to? In this episode, we’re providing a high-level view of what every French company should know about potential state tax liabilities in the U.S.   Joining host Sarah Ben-Moussa is Justin Hepworth. Justin is a partner in the Tax and Estate Planning Practice Group in Sheppard Mullin’s Orange County office. His practice encompasses a broad range of state and local tax matters, from planning, compliance, and transactional matters to controversy matters in audit and through litigation. Justin regularly advises clients on state and local tax implications of restructurings, mergers, acquisitions, spinoffs, and asset sales. He advises on audit defense, voluntary disclosure, unclaimed property (escheat law), and other controversy and compliance matters. He has extensive experience handling a broad range of multistate issues, including nexus, sales and use tax exemptions, sourcing and characterization, research and development credits, unitary business matters, California Prop. 13 change in ownership issues, and residency planning and audits. Sarah Ben-Moussa is an associate in the corporate practice group in Sheppard Mullin’s New York office and is a member of the Energy, Infrastructure and Project Finance team. As a member of the Sheppard Mullin French Desk, Sarah focuses her practice on domestic and cross-border mergers, acquisitions, joint ventures, project-level debt and equity financings of wind and solar facilities, and general corporate matters involving French and American companies. Before joining Sheppard Mullin, Sarah spent a year and a half studying and working in Paris. What We Discussed in this Episode: What type of state and local taxes might French companies doing business in the U.S. be subject to?What is “nexus” and how does it impact a state’s ability to tax a company?Can a company be subject to a state’s taxing system even with no physical presence in that state?What type of activities establish economic nexus in a state so that tax liability is triggered?What type of goods and services are subject to state taxes?Why might it be important to track sales in every state that a company sells goods or services in?How does the France-U.S. tax treaty affect tax liability at the state level?Why it’s important to enlist the assistance of an accounting and/or law firmWhat tax considerations exist in mergers and acquisitions?What type of double taxation issues should a company be familiar with? Resources Mentioned: South Dakota v. Wayfair, Inc. (2018) Contact Information: Justin Hepworth attorney profile  Sarah Ben-Moussa – Sarah’s Sheppard Mullin attorney profile  Sheppard Mullin French Desk: www.sheppardfrenchdesk.com Co-Chair - Valérie Demont  Co-Chair: Christine Hoefliger Hourcade - CHoefliger@sheppardmullin.com Thank you for listening! Don’t forget to FOLLOW to the show to receive every new episode delivered straight to your podcast player. If you enjoyed this episode, please help us get the word out about this podcast. You can listen in Apple Podcasts, Amazon Music, Stitcher Radio, Google Podcasts, or Spotify. Be sure to connect with us and reach out with any questions/concerns: LinkedIn Facebook Twitter  Sheppard Mullin French Desk website This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.
Aug 1 2021
25 mins
Time Management, Customer Service, and Negotiations as a French Business in the U.S. with Aurélie Bessière [FI 004]
Expanding your business to another country is not easy: there are cultural barriers and business idiosyncrasies to learn. In this episode, we’re exploring some of the important steps every French company looking to develop, launch, and grow a business in the U.S. should understand. Joining host Valérie Demont is Aurélie Bessière, Venture Partner at Otium Capital, the family office of Pierre-Edouard Stérin. Prior to joining Otium, Aurélie was the CEO for Palais des Thés USA, the US subsidiary of Palais des Thés, a French specialty tea company with operations around the world. In her role she led the establishment and growth of Palais des Thés in the US for over ten years. Valérie Demont is a partner in the Corporate Practice Group in Sheppard Mullin’s New York Office and the Co-Chair of Sheppard Mullin’s French Desk. Valérie focuses her practice primarily on U.S. and cross-border mergers and acquisitions, capital markets and securities offerings and corporate governance matters. She has been involved in numerous mergers, acquisitions, joint ventures and dispositions for corporations and private equity funds in the U.S., Europe and Asia (including India). In particular, she routinely advises foreign companies with the establishment and growth of their operations in the United States. What We Discussed in This Episode: How to prepare for the launch and growth of a business in the U.S.?What role do customers play in the development of a project?How can business leaders get feedback from their customers?Should sales and marketing be led by a U.S. workforce or the French team of founders, owners, and business developers?When is using a VIE a good idea?The differences between French customers and U.S. customers and how they vary depending on whether the business is B2B or B2C?How do negotiations differ between individuals doing business in France and individuals doing business in the U.S.?Why it is important to speak with other business leaders in a similar industry as yours who have done what you want to do Contact Information: Aurélie Bessière’s LinkedIn Profile - https://www.linkedin.com/in/aurelie-pasquet-bessiere-7a32041/  Sheppard Mullin French Desk: www.sheppardfrenchdesk.com  Co-Chair - Valérie Demont –  https://www.sheppardmullin.com/vdemont Co-Chair: Christine Hoefliger Hourcade - CHoefliger@sheppardmullin.com Thank you for listening! Don’t forget to FOLLOW to the show to receive every new episode delivered straight to your podcast player. If you enjoyed this episode, please help us get the word out about this podcast. You can listen in Apple Podcasts, Amazon Music, Stitcher Radio, Google Podcasts, or Spotify. Be sure to connect with us and reach out with any questions/concerns: LinkedIn Facebook Twitter  Sheppard Mullin French Desk website This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.
Jul 1 2021
27 mins
How French Companies Can Prepare to Do Business in the U.S. with Paula Clozel [FI 003]
Understanding the nuances of American culture, society, economy, and legal system is imperative to the success of any French company looking to do business in the U.S.  From selecting the right location to vetting vendors, hiring and retaining employees to setting a budget, we’re exploring the logistics of what foreign companies need to do prior to coming to the U.S. Joining host Valerie Demont for this conversation is Paula Clozel. Paula Clozel is the plant manager at Creapharm CS USA. Creapharm Clinical Supplies is a worldwide logistics company providing support to pharmaceutical and biotech companies. Paula is responsible for setting up the U.S. branch of the company, including building out operations and hiring employees.  Valérie Demont is a partner in the Corporate Practice Group in Sheppard Mullin’s New York Office and Co-Chair of Sheppard Mullin’s French Desk. Valérie focuses her practice  on U.S. and cross-border mergers and acquisitions, capital markets and securities offerings and corporate governance matters. She has been involved in numerous mergers, acquisitions, joint ventures and dispositions for corporations and private equity funds in the U.S., Europe and Asia. In particular, she routinely advises foreign companies with the establishment and growth of their operations in the United States. What We Discussed in This Episode: Why did Creapharm decide to do business in the U.S.?How was Atlanta, Georgia selected as the location for their U.S. logistics facility? What factors were considered in this choice?Why is it important for businesses to learn from the mistakes and accomplishments of other French companies establishing operations in the U.S.?What steps did Creapharm take to navigate the legal complexities in the U.S.?Which partners did Creapharm rely on to set up its business in the U.S.?How did Creapharm prepare for setting up in the U.S.?What was key to Creapharm’ s success in the U.S.?The budget process.The lessons learned. Resources Mentioned: French-American Chamber of Commerce - https://nationalfacc.org/  Contact Information: Creapharm Clinical Supplies website - https://www.creapharm.com/clinical-supplies  Sheppard Mullin French Desk: www.sheppardfrenchdesk.com  Co-Chair - Valérie Demont –  https://www.sheppardmullin.com/vdemont Co-Chair: Christine Hoefliger Hourcade - CHoefliger@sheppardmullin.com Thank you for listening! Don’t forget to FOLLOW and/or SUBSCRIBE to the show to receive every new episode delivered straight to your podcast player. If you enjoyed this episode, please help us get the word out about this podcast. You can listen in Apple Podcasts, Amazon Music, Stitcher Radio, Google Podcasts, or Spotify. Be sure to connect with us and reach out with any questions/concerns: LinkedIn Facebook Twitter  Sheppard Mullin French Desk website This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.
Jun 1 2021
24 mins
Business Immigration Challenges Companies Should Know About in 2021 with Julie Myers Wood [FI 002]
For U.S. companies looking to hire foreign employees or international businesses looking to invest in the U.S., navigating the ever-changing U.S. immigration landscape can be tricky. This is especially true now that President Biden has taken office and is looking to reset and reshape immigration policies.  We’re exploring key immigration challenges facing international companies looking to do business in the U.S. Joining host Sarah Aberg is the CEO of Guidepost Solutions, Julie Myers Wood. Ms. Wood has more than 25 years of experience in the public and private sector working on regulatory and enforcement issues from many perspectives, including as defense counsel, consultant, government investigator, federal prosecutor, and compliance consultant. Ms. Wood is currently the Chief Executive Officer at Guidepost Solutions, a leading investigations, compliance and security firm with offices throughout the United States, as well as England, Colombia and Singapore. At Guidepost, Ms. Wood focuses on regulatory compliance and investigative work.  Sarah Aberg is special counsel in the White Collar Defense and Corporate Investigations Group in Sheppard Mullin’s New York office. Sarah's practice encompasses litigation, internal investigations and white collar defense, with a focus on financial services and securities. Sarah’s regulatory practice encompasses market regulation, foreign registration and disclosure requirements, supervisory procedures, and sales practices.  Sarah represents corporations, financial services companies, and associated individuals in connection with investigations and regulatory matters before the U.S. Department of Justice, the Securities and Exchange Commission, the Commodity Futures Trading Commission, FINRA, the New York Stock Exchange, the New York State Department of Financial Services, and the New York Attorney General’s Office. What We Discussed in This Episode: What impact has the Biden administration had on immigration thus far?What categories of visas are now open for applications again following the travel ban instituted by the Trump administration?Why is there a huge backlog at the Consulates?What is the greatest difference between the current and prior administrations when it comes to business immigration?Is a comprehensive immigration bill likely to pass any time soon?What type of immigration rules related to Covid restrictions should companies be aware of?If a company is bringing talent from overseas into the U.S., what measures should they be aware of?How can companies help prepare their traveling employees for their immigration interviews?Are immigration applications being scrutinized differently under the new administration?Will post-Covid immigration limitations look the same as the Covid immigration limitations?How will the new USCIS director impact French businesses?How will influx on the border impact international businesses?How can French businesses remain in compliance with their visas? Contact Information: Julie Myers Wood - https://guidepostsolutions.com/our-people/julie-myers-wood/  Sarah Aberg – Sarah’s Sheppard Mullin attorney profile https://www.sheppardmullin.com/saberg Sheppard Mullin French Desk: www.sheppardfrenchdesk.com  Co-Chair - Valérie Demont –  https://www.sheppardmullin.com/vdemont  Co-Chair: Christine Hoefliger Hourcade - CHoefliger@sheppardmullin.com Thank you for listening! Don’t forget to FOLLOW and/or SUBSCRIBE to the show to receive every new episode delivered straight to your podcast player. If you enjoyed this episode, please help us get the word out about this podcast. You can listen in Apple Podcasts, Amazon Music, Stitcher Radio, Google Podcasts, or Spotify.  Be sure to connect with us and reach out with any questions/concerns: LinkedIn Facebook Twitter  Sheppard Mullin French Desk website This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.
Jun 1 2021
26 mins
What Businesses Should Know About International Trade Policies Under the New Administration with Reid Whitten [FI 001]
After four years of an “America First” trade approach, the new Biden administration is looking to rebalance U.S. trade policies and rebuild international relationships. Will there be a complete return to pre-Trump trade policies? Can businesses expect the new administration to more effectively promote U.S. economic interests while reestablishing the U.S. as a global trade leader? We explore these questions and more in this episode. Joining host Sarah Ben-Moussa is Reid Whitten. Reid is the Managing Partner of Sheppard Mullin's London office, practicing in international trade regulations and investigations. He shares his time serving clients out of the Washington, D.C. office. He is also Leader of the Sheppard Mullin CFIUS Team. Reid is a thought leader on cross-border business regulations. Reid is an Adjunct Professor at the New College of the Humanities in London and at Wake Forest University in the U.S., where he teaches courses on the law of international business. He is the lead author and editor of The CFIUS Book and is the head of the firm's CFIUS Team. Sarah Ben-Moussa is an associate in the corporate practice group in Sheppard Mullin’s New York office and is a member of the Energy, Infrastructure and Project Finance team. As a member of the Sheppard Mullin French Desk, Sarah focuses her practice on domestic and cross-border mergers, acquisitions, joint ventures, project-level debt and equity financings of wind and solar facilities, and general corporate matters involving French and American companies. Before joining Sheppard Mullin, Sarah spent a year and a half studying and working in Paris. What We Discussed in This Episode: What does the new Biden leadership tell us about the future of U.S. trade policy?How are U.S. Consulates and Embassies around the world reacting to the stability of the new administration?Are there likely to be unintended consequences of returning to “normal” diplomatic channels?What are some practical implications of new international trade policies for companies looking to invest in the U.S.?What are the lessons learned from the impact of COVID-19 on businesses?How can the government balance an interest in increased globalization with demand for greater domestic economic investment?How will foreign companies maneuver the tension that exists between the U.S. and China as the two countries continue to pull apart from each other? Contact Information: Reid Whitten – Reid’s Sheppard Mullin attorney profile  Sarah Ben-Moussa – Sarah’s Sheppard Mullin attorney profile  Sheppard Mullin French Desk Co-Chair - Valérie Demont  Co-Chair: Christine Hoefliger Hourcade - CHoefliger@sheppardmullin.com Thank you for listening! Don’t forget to FOLLOW to the show to receive every new episode delivered straight to your podcast player. If you enjoyed this episode, please help us get the word out about this podcast. You can listen in Apple Podcasts, Amazon Music, Stitcher Radio, Google Podcasts, or Spotify.  Be sure to connect with us and reach out with any questions/concerns: LinkedIn Facebook Twitter  Sheppard Mullin French Desk website This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.
May 18 2021
23 mins

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