Beardslee v. Inflection Energy, LLC

ELR Citation: 45 ELR 20156
No(s). 12-4897 (2d Cir. Aug 19, 2015)

The Second Circuit held that New York's moratorium on hydraulic fracturing did not allow energy companies to extend oil and gas leases they entered into with landowners. The leases contained "force majeure" clauses, excusing the parties from nonperformance due to events outside their control, as wel...