Tuesday, December 30, 2014
“Takings” lawsuits may be filed in response to New York Gov. Andrew Cuomo’s ban on fracking, reports Pittsburgh Post-Gazette PowerSource.
Similar to eminent domain, takings requires that private property owners are compensated by the government when assets are taken away due to government action.
For New York state, this means that many landowners could file takings lawsuits, but the legal process is complicated. Even though landowners may argue that they are deprived of making money off of their mineral rights due to the state government’s ban, the cases may be difficult to prove.
Via: Pittsburgh Post-Gazette PowerSource > Uncommon legal concept may surface in New York after fracking ban
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