Introduction - The favorable tax treatment provided by the Tax Cuts and Jobs Act, combined with historically low interest rates during the COVID-19 pandemic, has resulted in tremendous wealth transfer planning opportunities....more
On Oct. 11, the U.S. Court of Appeals for the D.C. Circuit deemed the Consumer Financial Protection Bureau (CFPB) “unconstitutionally structured” and overturned its enforcement action, including a $109 million penalty,...more
The opinion issued on Sept. 29, 2016, in the case of Estate of Edward G. Beyer v. Commissioner of Internal Revenue was the culmination of an estate planning exercise that had an unfortunate ending for everyone involved (other...more
Oil and gas developer Pennsylvania General Energy Company, LLC (“PGE”) recently filed suit against Grant Township in Indiana County, Pennsylvania, alleging that a waste disposal ordinance enacted by the Township violates the...more
The American College of Trust and Estate Counsel (ACTEC) is a national association of leading trust and estate attorneys. ACTEC contributes to the field of trusts and estates law through scholarship, teaching, and bar...more
Oil and gas drillers in Pennsylvania’s Marcellus Shale formation may soon find themselves subject to more stringent environmental protection standards under regulations proposed by the Pennsylvania Department of Environmental...more
Businesses spend millions of dollars each year disposing of solvent-contaminated rags, towels and other wipes. Much of the high cost stems from the fact that, under existing regulations, wipes contaminated with hazardous...more
Deep injection wells have been scattered across American soil for over eighty years. Many of these wells are used to dispose of liquid wastes. Traditionally, while there have been some controversies, the practice of disposing...more
The Ohio Senate released its version of the state budget bill—Am. Sub. HB 59—on June 4. As previously reported by the Shale Blog, the Governor’s original budget proposal included provisions for the disposal of TENORM...more
Ohio Governor John Kasich’s proposed budget was introduced in the Ohio House of Representatives in early February as HB 59. Our prior analysis of the original bill can be found here. HB 59 includes amendments requested by...more
The New York State Assembly voted on March 6 to suspend the issuance of drilling permits for high-volume hydraulic fracturing in the Marcellus and Utica formations until May 15, 2015. The vote came as the state’s de facto...more
The nationwide oil and gas boom has exposed a rift in the relationship between state and local governments seeking to regulate shale drilling and development. This tension has been playing out in several key shale states –...more