Overview
Steptoe partners Claire Rajan, Adie Olson, and Jason Abel, and associate Liz Goodwin authored an article titled "Steps To Take As States Expand Foreign-Influence Bans," which appeared in Law360.
The article explains that a growing number of US states are enacting laws to restrict political engagement by foreign nationals and foreign-influenced companies, with some defining "foreign influence" as low as 1% ownership or minimal foreign revenue. These laws, which may affect many US-headquartered companies, are facing legal challenges, including a recent federal appellate court ruling that struck down Maine's law for being overly broad and potentially unconstitutional.
