Boeing Sanctions Bid Denied In $355M Suit Over Satellite JV

By Daniel Siegal (November 2, 2015, 11:21 PM EST) -- A California federal judge on Friday slammed Russia's state-controlled space company for its "feeble" excuses for withholding core evidence in Boeing Co.'s $355 million lawsuit over a failed satellite-launching venture, but he ruled he cannot grant the "severe" sanctions requested by Boeing.

In an order filed Friday, U.S. Magistrate Judge Andrew Wistrich denied Boeing's bid for sanctions against SP Korolev Rocket and Space Corp. Energia for refusing to comply with a nearly year-old court order to hand over official investigative reports from the Russian government that could support Boeing's claims that Energia has cloaked millions of dollars in assets in an...

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