Ground(water)-Breaking Decision

Law360, New York (March 9, 2012, 12:59 PM EST) -- On Feb. 24, 2012, two years after oral argument, the Texas Supreme Court issued its watershed decision in Edwards Aquifer Authority (the Authority) v. Day. The court’s long-awaited decision included two significant pronouncements on groundwater that are likely to have ripple effects throughout the water community and could open the flood gates to a wave of litigation.

The case involved an application for a water well permit to the Authority filed by two individuals, collectively referred to as Day. The amount of water to which Day...
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.