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Challenges in Solar Equipment Finance
In recent years, solar electricity generation systems have become increasingly popular in certain parts of the country. (For ease of reference, this article will refer to such systems, including solar photovoltaic panels, inverters, racking and related equipment as “solar equipment.”) Growth in solar-generation capacity has not been evenly distributed across the country, however, as some states' policies and laws are solar-friendly, while those in other states pose barriers. One such barrier in many states is the lack of access to financing.
Although the costs of solar equipment have decreased dramatically in recent years, many businesses and individuals need access to financing in order to pay the upfront costs of such equipment. In response to this need, many companies active in equipment leasing and finance ' some long-standing members of the industry as well as new ones ' have stepped in to offer financing solutions for solar equipment. However, many states have laws that limit such participants' flexibility to use certain financing structures. Some states limit financing mechanisms structured as sales of electricity (power purchase agreements), either expressly or because of lack of clarity in the application of existing laws. State laws can also be ambiguous in their application to leases of solar equipment.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.