NY Fracking Ruling Ratchets Up Risk For Drilling Industry

Law360, New York (June 30, 2014, 9:10 PM EDT) -- The move Monday by New York's top court to affirm local oil and gas drilling bans won't end the fight over fracking statewide, but experts say it will make it far riskier for the industry to pursue drilling profits, by taking away its ability to sue and by giving towns the power to trump oil and gas interests at any time.

In one of the New York Court of Appeals' most closely watched cases in recent years, a 5-2 majority held that zoning laws passed in Dryden and Middlefield, New York, to keep drillers at bay are perfectly legal under the...

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