Beardslee v. Inflection Energy, LLC

ELR Citation: 45 ELR 20060
No(s). 44 (N.Y. Mar 31, 2015)

New York's highest court refused to extend hydraulic fracturing leases entered into between energy companies and landowners. The leases contained a "force majeure" clause, excusing the parties from nonperformance due to events outside their control, as well as "habendum clauses," establishing the pr...