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AK HB168
Bill
Status
4/7/2011
Primary Sponsor
Robert Lynn
Click for details
AI Summary
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Amends AS 09.40.230 to require parties seeking restraining orders, preliminary injunctions, or orders vacating/staying permit operations to post security for costs and damages to wrongfully enjoined industrial operations.
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Security amount must be determined by the court and must include compensation for employee wages and benefits, and payments to contractors and subcontractors of the industrial operation.
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Defines "industrial operation" to include construction, energy, timber activities, and oil, gas, and mineral exploration, development, and production.
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Security requirement does not prohibit wrongly enjoined parties from obtaining available relief or limit the amount they may recover in the action.
Legislative Description
Injunction Security: Industrial Operation
Oil & Gas
Last Action
CROSS SPONSOR(S): MEYER
4/9/2012