NY Fracking 'Home Rule' Appeal Looms Amid Regulatory Delay

Law360, New York (February 13, 2013, 8:04 PM EST) -- Delays in New York's regulatory effort to expand hydraulic fracturing have allowed an appeal over the legality of local gas drilling bans to ripen to the point where a “home rule” court precedent could arrive prior to any statewide policy and potentially allow local bans to proliferate, experts said Wednesday.

Some New York towns have banned the controversial gas and oil extraction technique within their borders, only to face legal challenges from energy companies eager to tap the state’s plentiful reserves of shale gas. They have...
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.