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Honeywell Int'l Inc. v. Nuclear Reg. Comm., No. 10-1022

By FindLaw Staff on December 22, 2010 9:56 PM

Petition for Review of Nuclear Regulatory Commission Order Granted

In Honeywell Int'l Inc. v. Nuclear Reg. Comm., No. 10-1022, a petition for review of the Nuclear Regulatory Commission's denial of an exemption from the regulatory requirement that licensees have a tangible net worth at least 10 times the current decommissioning cost estimate of its licensed facility, the court granted the petition where the Commission failed to provide a reasoned explanation for its decision.

As the court wrote:  "In 2007 and 2008, the Nuclear Regulatory Commission granted the requests of Honeywell International, Inc. for exemptions from the regulatory requirement that licensees have a tangible net worth at least 10 times the current decommissioning cost estimate of its licensed facility."

Related Resources

Read the DC Circuit's Decision in Honeywell Int'l Inc. v. Nuclear Reg. Comm., No. 10-1022

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