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It's no secret that electric vehicles (EVs) are becoming increasingly popular. According to the International Energy Agency, EVs accounted for approximately 18% of all car sales worldwide in 2023, a marked increase from 4% in 2020.
Closer to home, current estimates put the number of plug-in electric vehicles on U.S. roads at 5.4 million. And, this number will continue to grow as some major automakers have firm plans to stop selling gasoline-powered cars and trucks by 2040, and several states, have banned the sale of new gasoline-powered cars by 2035. The Union of Concerned Scientists projects that 50% of U.S. passenger car sales could be electric by 2030, and that EVs could make up 60% to 70% of the cars on U.S. roads by 2050.
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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.
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil 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.
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
This article explores legal developments over the past year that may impact compliance officer personal liability.