Fed. Circ. Wary Of Both Sides In DOE Breach Damages Row

By Madeline Lyskawa

A panel of the Federal Circuit on Tuesday appeared skeptical of both sides' arguments concerning whether a $145 million judgment for three nuclear power plant owners over the U.S. Department of Energy's continued failure to accept spent nuclear fuel for disposal should be offset by the companies' investment earnings.

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Food Deal Rivals Battle In Chancery Over Competition Claims

By Jarek Rutz

Lawyers for Global Market Foods LLC urged the Delaware Chancery Court on Tuesday to block the former owner of a food distribution business from competing after selling the company for $58 million, while the sellers argued the buyer is improperly trying to rewrite the parties' contracts and expand negotiated noncompete restrictions.

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Judge Defends Decision Keeping Paraquat Cases In Philly

By P.J. D'Annunzio

The Philadelphia judge who blocked a bid to move several of the paraquat Parkinson's Disease mass tort cases out of the city is standing by his ruling, recommending that the Pennsylvania Superior Court adopt his rejection of the companies' arguments to the contrary in its appellate review of the case.

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Feds Say Delay Undercuts Bid To Halt Mojave Mine Restart

By Crystal Owens

The U.S. Department of the Interior is fighting a bid by the National Parks Association to block a decision to renew gold mining within the Mojave National Preserve, telling a California district court that the group's delay in challenging the action undermines its effort to establish harm.

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Del. Chancery Dismisses World Energy's Air Products Suit

By Jarek Rutz

The Delaware Chancery Court dismissed a lawsuit by World Energy LLC seeking to force Air Products and Chemicals Inc. to resume work on a stalled $2 billion sustainable aviation fuel project, ruling that World Energy repeatedly failed to meet its own payment obligations and therefore could not compel Air Products to continue performing under the parties' agreements.

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Baltimore County Defends Bid For Bridge Economic Losses

By Linda Chiem

Baltimore County has told a Maryland federal judge that it's entitled to recover "concrete and calculable" economic damages and search-and-rescue expenses over the Francis Scott Key Bridge disaster, rejecting efforts to slash damages owed by the owner and manager of the cargo ship that rammed into the bridge.

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Jeep Maker FCA Loses Bid To Arbitrate Under-Hood Fire Suit

By Rae Ann Varona

A Michigan federal judge has denied FCA US LLC's motion to make an Illinois couple arbitrate their claims that the automaker manufactured and sold defective Jeep vehicles prone to dangerous underhood fires, saying FCA did not produce evidence that the consumers agreed to an arbitration provision.

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GM, Drivers Tell 6th Circ. Opt-Outs Delaying $150M Settlement

By Susan Smiley

General Motors and class members who secured a $150 million settlement in a class action over alleged fire risks in the Chevrolet Bolt on Tuesday asked the Sixth Circuit not to let a small group of drivers opt out of the deal — or hold it up in their attempts to do so.

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Orrick-Led Nuclear Fuel Company Targets $356M IPO

By Jade Martinez-Pogue

Standard Nuclear, which makes fuel for small modular reactors across the U.S., unveiled plans on Tuesday for an estimated $356 million initial public offering steered by Orrick Herrington & Sutcliffe LLP and Davis Polk & Wardwell LLP.

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Why SEC Climate Rule Rescission Wouldn't End Disclosure

If the U.S. Securities and Exchange Commission's recent proposal to rescind its 2024 climate-related disclosure rules is adopted, companies would no longer need to prepare for the rules' specific governance, emissions, attestation, financial statement and tagging requirements, but several important constraints would remain, say attorneys at Venable.

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Sealing The Deal

How Gibson Dunn Helped SpaceX Pull Off Its $75B Global IPO

By Al Barbarino

When SpaceX completed its record-breaking $75 billion initial public offering last month, the transaction was notable not only for its size — the largest IPO ever — but also for breaking new ground in how public offerings can be structured to reach retail investors around the world.

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CEO Cops To Conspiracy In BigLaw Insider Trading Case

By Sydney Price

A Dubai-based CEO and trader has pled guilty in Massachusetts federal court to charges that he worked with a former BigLaw associate and others to carry out a far-reaching insider trading scheme.

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Justices To Defend Court's Budget In Rare Hill Testimony

By Courtney Bublé

U.S. Supreme Court Justices Amy Coney Barrett and Elena Kagan will testify before House and Senate committees on July 14, marking the first time in seven years that a sitting justice has gone before lawmakers.

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Ex-DOJ Employees Tell Senate To Reject Blanche Nomination

By Emily Sawicki

Hundreds of former Justice Department employees and appointees urged the Senate in a Tuesday letter to reject the nomination of acting Attorney General Todd Blanche for the permanent role, particularly noting what they called Blanche's work toward politicizing the department.

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ChatGPT Edits Weren't 'Knowing' Errors, Conn. Justices Told

By Aaron Keller

A GLG Law LLC lawyer who blamed ChatGPT for misquotes and citation errors in three filings told the Connecticut Supreme Court on Tuesday he did not violate an ethics rule requiring candor to the tribunal because his briefs, though inaccurate, contained correct assertions about the law.

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Ogletree Co-Founder Deakins, 'Beacon Of Wisdom,' Dies At 90

By Emily Johnson

A co-founder of the global labor and employment juggernaut Ogletree Deakins Nash Smoak & Stewart PC died Monday after decades of helping shape the firm's values of honesty and transparency.

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McCarter Atty's Work 'Fell Short' In $20M Deals, Judge Told

By Brian Steele

McCarter & English LLP and one of its Connecticut attorneys failed to uphold the applicable standard of care when advising insurers on $20 million worth of loan transactions that ultimately fell apart because the borrower stopped paying, an expert witness told a Connecticut state court on Tuesday.

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House Dems Push To Ban Judges From Prediction Markets

By Emily Sawicki

Ranking members of the House Judiciary Committee on Tuesday called on the federal judiciary to ban judges from taking part in prediction markets amid growing concerns that court-related wagers could undermine judicial integrity.

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