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Department of Energy Loan Programs Office LPO announced that it would provide a first-of-its-kind $2.5 billion loan commitment to General Motors GM and LG Energy Solution venture: Ultium Cells LLC for construction of electric vehicle battery cell manufacturing facilities.
United States Idaho Falls Lg Energy Solution Ultium Cells Us Nuclear Regulatory Commission Technology Vehicles Manufacturing

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President Biden's Executive Order on CFIUS Likely to Yield Incremental Tightening

On September 15, 2022, President Biden signed an Executive Order (EO) detailing certain national security risks that the Committee on Foreign Investment in the United States (CFIUS or the Committee) should consider when reviewing transactions. While the EO articulates risk factors beyond those in the statute undergirding CFIUS operations, the Committee already has been focusing on many (and…
United Kingdom Joshua Gruenspecht Wilson Sonsini Committee On Foreign Investment While The Biden Administration Department Of Defense National Security Agency
Source: wsgr.com

Allurie Kephart Joins Wilson Sonsini's Corporate Department in Delaware

Kephart Joins the Firm’s Wilmington Office as a Partner as Wilson Sonsini Continues to Expand to Meet Demand for Complex Transactional and Advisory Experience Wilson Sonsini Also Recently Added Former Delaware Court of Chancery Vice Chancellor Joseph Slights in Wilmington; Kephart is the 15th Lateral Partner to Join Wilson Sonsini in 2022 Contact:Wayne KesslerBaretz+Brunelle732.239.9710…
United States Allurie Kephart Wayne Kessler Wilson Sonsini Goodrich Rosati Doug Clark Young Conaway Stargatt Taylor
Source: wsgr.com

Climate policy update: Fed climate change action, emissions reduction roadmap, California heatwave

This article outlines pertinent legal and policy climate change developments in the United States during the past week. These include the launch of a new climate-related hazards website, a new roadmap to reduce carbon dioxide emissions in the country's most energy-intensive sectors, and the proposed removal of Virginia from the regional greenhouse gas initiative.
United States White House District Of Columbia Gavin Newsom Glenn Youngkin Staceyh Mitchell

New Russia Sanctions Imposed as Ukraine War Continues: Expansion of Controls on EAR99 Items and Military End-Uses

The U.S. Department of Commerces Bureau of Industry and Security (BIS) announced an expansion of existing export controls and imposition of additional sanctions against the Russian Federation (Russia) and Belarus in response to continued aggression toward Ukraine. Effective September 15, 2022, these actions are intended to "clarify and enhance the effectiveness of U.S. controls and to better…
Russian Federation Jahna Hartwig Kara Millard Wilson Sonsini Mike Casey Josephine Aiello Lebeau
Source: wsgr.com

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