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

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."

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