Boeing Seeks Judgment In $350M Suit Over Satellite JV

Law360, Washington (May 5, 2015, 3:31 PM EDT) -- Boeing Co. urged a California federal judge to grant it judgment Monday on its claims that its Russian and Ukrainian partners in a satellite-launching company skipped out on $350 million owed to the aerospace giant after the joint venture went bankrupt in 2009.

Boeing said the defendants, Ukrainian state-owned KB Yuzhnoye and PO Yuzhnoye Mashinostroitelny Zavod and Russia-based SP Korolev Rocket and Space Corp. Energia, have “utterly failed” to present a factual dispute over their contractual obligations in the Sea Launch joint venture.

“Defendants made these...
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