The trial was due to resolve claims for damages and civil penalties arising from the spill.
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Lets hope BAC hires a roughneck litigator and goes after the fraudster for more civil penalties.
UnionBanCal disclosed in July that it's facing U.S. Treasury Department civil penalties for violating anti-money laundering regulations.
The court could consider civil penalties under the Clean Water Act, which permits fines for water pollution.
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An individual who fails to pay the penalty is not subject to criminal or additional civil penalties.
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Failure to perform these reporting obligations subjects the taxpayer to civil penalties, and to potential criminal prosecution.
The company would also face liability for civil penalties for failing to report and deposit the subject taxes.
That includes criminal and civil penalties as well as sums paid to settle potential liability for a fine.
The same conclusion does not follow for the Government in the context of enforcement actions for civil penalties.
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Anyone considering an OVDI submission must carefully examine all potential civil penalties and evaluate the risk of criminal prosecution.
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Upon discovering it, the IRS usually responds by imposing civil penalties in addition to tax on the disallowed expenses.
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Whether the IRS will assert the full array of civil penalties for such a disclosure remains to be seen.
There are good reasons why the fraud discovery rule has not been extended to Government enforcement actions for civil penalties.
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It also said that if "persons of interest" refuse to cooperate with the authority's investigations, they could face civil penalties.
Passengers who refuse complete screening won't be allowed past security and could face civil penalties, according to a TSA statement.
JontzPombo says that's absolutely untrue and notes there are criminal and civil penalties for the direct taking of an endangered animal.
With the possibility of federal criminal charges out of the way, BP will now have to focus on civil penalties for damages from federal, state, and local.
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Failure to file an FBAR may, under the law, result in civil penalties, criminal penalties or both (the list of potential penalties that may apply is distressingly long).
The commission says giving people cautions and criminal records for having small quantities is not "proportionate" and suggests imposing civil penalties, such as fines, or drug treatment orders instead.
Massachusetts Secretary of State William Galvin said the strategy is a ploy to escape responsibility and civil penalties for the money fund's collapse if the Bents lose a jury verdict.
The UK group now faces a civil trial over the accident, scheduled to start 25 February in New Orleans, which could potentially cost billions of dollars more in civil penalties.
The civil health care fraud lawsuit in U.S. District Court in Manhattan seeks unspecified damages and civil penalties for a scheme that the government said has been carried out since 2005.
Taking note of this case, the IRS doesn't acknowledge--or deny--that it blew off Kuglin's requests, but says she remains liable for the taxes plus civil penalties, even if she is no longer facing jail and fines.
Under the terms of the RESTORE Act -- passed last year with historic bipartisan support -- 80% of Clean Water Act civil penalties will go back to restore the environment and economies of the Gulf Coast states.
As a result, the SEC informed the individual addressed in its notice that it may seek injunctive relief, a cease-and-desist order, administrative sanctions including a bar from association with an investment advisor, disgorgement of ill-gotten gains and civil penalties.
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The IRS agreed to not assert any 75% civil fraud penalties and the Financial Crimes Enforcement Network (FinCEN) agreed to not assert any civil penalties for the failure to timely file a Report of Foreign Bank and Financial Accounts (FBAR).
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On appeal, the United States Supreme Court noted that it had never applied the Discovery Rule in a matter where the plaintiff is the government bringing an enforcement action for civil penalties, in contradistinction to a defrauded victim seeking recompense.
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"The court will then conduct a hearing to determine whether and to what extent injunctive relief will be granted, as well as the amount of restitution, damages, civil penalties and statutory costs, which petitioners are seeking to impose, " the state Supreme Court justice wrote.
We also should further strengthen the ATF by making it easier to revoke the licenses of reckless dealers, give it the power to suspend licenses and levy civil penalties, and eliminate the bizarre restriction that limits the ATF to only one spot inspection of a gun dealer per year.
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