1st Circ. Says Toolmaker Needs Permit To Modify Dam

Law360, New York (June 16, 2011, 7:24 PM EDT) -- The First Circuit ruled Wednesday that L.S. Starrett Co. needed a federal permit to repair a dam that partially powered its precision toolmaking facility in Athol, Mass.

The toolmaker had protested a Federal Energy Regulatory Commission ruling that it needed a license to proceed with proposed changes to a hydroelectric generating facility, saying the proposed work was only a repair, and would not increase actual capacity beyond the 1992 installed capacity, which was memorialized in a 1992 FERC order that concluded the dam did not require...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.