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Aerospace & Defense
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March 27, 2026
Lockheed's 'DIY' 401(k) Funds Lagged Rivals, Court Told
An attorney for Lockheed Martin employees blasted the aerospace giant's in-house retirement investment funds in Maryland federal court Friday, arguing that it failed in its fiduciary duty to change course when its investment arm kept fees high and consistently underperformed a market full of comparable options.
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March 27, 2026
Elizabeth Holmes Gets 11-Year Prison Sentence Cut By A Year
A California federal judge has shaved off a year from convicted ex-Theranos CEO Elizabeth Holmes' 11-year and three-month prison sentence for securities fraud due to recent sentencing guideline amendments, reducing her time behind bars by one year, instead of the two years she requested, amid objections by prosecutors.
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March 27, 2026
Trump Issues New DEI Order Aimed At Contractors
President Donald Trump has issued another executive order targeting diversity, equity and inclusion practices, this time requiring government contractors to agree that they won't engage in "racially discriminatory DEI activities," lest the government potentially declare them ineligible for future contracts.
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March 27, 2026
Lawyer Says Contract With Rivera Was For Venezuela's Oil Co.
The $50 million consulting contract that former Florida Congressman David Rivera signed with the U.S. affiliate of Venezuela's state-owned oil company was ultimately funded and controlled by the Venezuelan parent company, the attorney who drafted the document said Friday at Rivera's trial on charges of failing to register as a foreign agent.
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March 27, 2026
Ex-VA Exec Accused Of Hiding Gifts Received From Contractors
A former U.S. Department of Veterans Affairs executive faces federal charges for allegedly concealing thousands of dollars' worth of gifts that he received while overseeing a massive electronic health records initiative.
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March 27, 2026
Up Next At High Court: Birthright Citizenship, Arbitration
The U.S. Supreme Court will close out its March oral arguments session by hearing a nationwide class' blockbuster challenge to President Donald Trump's limited view of birthright citizenship, as well as a dispute over federal courts' authority to confirm or vacate arbitration awards in cases they've formerly overseen.
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March 27, 2026
Navy Fights Bid To Reopen Wash. Jet Flight Challenge
The U.S. Navy urged a Washington federal court Friday to reject an environmental group's bid to file a new complaint challenging its amended environmental impact analysis on expanding training flights on Whidbey Island, arguing that it would be "futile."
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March 27, 2026
Guardsman Says Partners Pushed Him Out Of Biz Venture
An Oklahoma National Guard member told a Georgia federal court his business partners violated federal law by trying to boot him from their company after he was called up for duty and by starting a new venture when they couldn't get rid of him.
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March 27, 2026
NC Biz Court Bulletin: Judge Exits, Duke Ducks Climate Suit
The North Carolina Business Court saw an unexpected shakeup with one judge's retirement, rendered a pivotal decision in a first-of-its-kind climate change case against Duke Energy and oversaw a trial between the feuding owners of a commercial bed skirt company.
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March 27, 2026
FCC Bars Another Chinese Test Lab Over Security Risk
The Federal Communications Commission on Friday pulled the accreditation of another Chinese communications device testing lab due to concerns about Chinese state government control.
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March 27, 2026
GAO Says OMB Should Give More AI Privacy Guidance
The Office of Management and Budget should do more to address privacy risks associated with government adoption of artificial intelligence, the U.S. Government Accountability Office said in a new report, after OMB instructed agencies to take a "pro-innovation approach."
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March 26, 2026
Anthropic Blocks Pentagon's 'Orwellian' Security Risk Label
A California federal judge Thursday issued a preliminary injunction barring the Trump administration from labeling Anthropic as a supply chain risk to national security, calling the move a "classic illegal First Amendment retaliation" and "Orwellian."
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March 26, 2026
Venezuelan Leader Says Ex-Fla. Rep Couldn't Get US Meetings
A Venezuelan political opposition leader told jurors Thursday that he connected with former Florida congressman David Rivera to try to secure meetings with high-level U.S. officials in the first Trump administration, but Rivera — who is on trial for allegedly failing to register as a foreign agent — failed to deliver.
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March 26, 2026
'I Don't Know': 9th Circ. Presses Verrilli On Boeing Venue Issue
A Ninth Circuit judge rehearing an appeal involving a $72 million trade secret verdict against Boeing on Thursday pressed the company's counsel Donald B. Verrilli Jr. of Munger Tolles & Olson LLP to explain why the aerospace giant never previously argued the case belongs in the Federal Circuit, and Verrilli conceded he didn't know the reason.
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March 26, 2026
Flawed Navy Evaluation Not Enough To Halt Networks Contract
A defense contractor can continue performing under a $100 million networks contract even though the U.S. Navy improperly evaluated its proposal, a U.S. Court of Federal Claims judge has said, finding that the protester failed to support its request for a permanent injunction.
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March 26, 2026
House Panels Advance Aviation Safety Bill After DCA Collision
Two House committees advanced legislation Thursday that would mandate aircraft-tracking and collision-avoidance technology in some aircraft, and reinforce Federal Aviation Administration and military training and operational procedures, in response to last year's deadly midair collision between an Army helicopter and an American Airlines regional jet near Washington, D.C.
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March 26, 2026
GAO Denies Protest Over Army Corps Renovation Contract
The U.S. Army Corps of Engineers reasonably deemed a contractor's proposal to renovate a tactical equipment maintenance facility unacceptable, the U.S. Government Accountability Office said, rejecting the contractor's argument that its proposal's deficiencies were merely "administrative and documentation-based."
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March 26, 2026
4 Key Questions On Tariff Investigations
The U.S. announced a bevy of new trade investigations this month to underpin a tariff regime intended to replace duties struck down by the U.S. Supreme Court, but questions remain about the fate of deals struck with trading partners and whether importers will face higher tariffs. Here, Law360 examines four questions on the implications of those investigations.
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March 26, 2026
Musk's SpaceX Eyes $75B IPO Raise, Among Other Rumors
The market is anticipating what could be one of the largest initial public offerings ever, after reports this past week indicated that Elon Musk's SpaceX is looking to imminently raise as much as $75 billion.
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March 26, 2026
Satellite Biz Xona Wraps $170M Series C Funding Round
Commercial space company Xona, led by Covington & Burling LLP, on Thursday announced that it closed an oversubscribed Series C funding round after securing $170 million, which will be used in part to help build the company's new Bay Area factory.
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March 26, 2026
Advent Commits $1B To Defense Tech Companies
Private equity investor Advent International unveiled plans Thursday to invest up to $1 billion in "next-generation" defense technology companies, a move that comes as defense technology investments ramp up.
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March 26, 2026
Maduro Judge Hints US Should Reconsider Legal Fee Refusal
A Manhattan federal judge suggested Thursday that the Trump administration should revisit its refusal to allow former Venezuelan President Nicolás Maduro to access his country's funds to pay for his defense against narco-terrorism and trafficking charges.
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March 26, 2026
Shield AI Hits $12.7B Valuation, Buys Defense Biz Aechelon
Defense technology company Shield AI on Thursday revealed that its valuation soared to $12.7 billion after closing a $1.5 billion Series G funding round, which will help finance the company's planned acquisition of private equity-backed defense company Aechelon Technology Inc.
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March 25, 2026
Supermicro Investor Sues After Arrests For China AI Exports
A Super Micro Computer investor alleged in a California federal lawsuit Wednesday that the technology company failed to disclose that a large portion of its server sales were to Chinese companies in transactions that violated U.S. export controls, leading to three arrests and a significant drop in stock price.
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March 25, 2026
PTAB Was Never '100% Discretionary,' Rep. Issa Tells Squires
U.S. Patent and Trademark Office Director John Squires is exceeding the authority Congress intended to grant him in the America Invents Act for discretionarily denying patent challenges, the U.S. House of Representatives' intellectual property leader said Wednesday.
Expert Analysis
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8 Tariff Refund Questions For Restructuring Professionals
For restructuring and turnaround professionals, seeking refunds following the U.S. Supreme Court's recent decision invalidating tariffs imposed under the International Emergency Economic Powers Act raises several questions about how to capture legitimate recoveries while protecting an enterprise from the consequences of its own history, says Jonny Frank and Laura Greenman at StoneTurn, and Andrew Popescu at Province.
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Defense Deals Can Trigger Extra HSR Filing With The DOD
Certain aerospace, defense and national security M&A transactions will require a concurrent Hart-Scott-Rodino Act filing to the U.S. Department of Defense, and practice tips for navigating this extra filing include early analysis of competitive implications of sector deals and planning for concurrent filings, say attorneys at White & Case.
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Navigating Life Sciences Deals Amid Heightened Scrutiny
With pricing reform initiatives, national security legislation and evolving trade policy currently contributing to meaningful uncertainty for life sciences companies, it is important to proactively structure deals to avoid downstream complications, say attorneys at Cooley.
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Series
Watching Hallmark Movies Makes Me A Better Lawyer
I realize you may be judging me for watching, and actually enjoying, Hallmark Channel movies, but the escapism and storylines actually demonstrate qualities and actions that lead to an efficient, productive and positive legal practice, says Karen Ross at Tucker Ellis.
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Nippon Case Illustrates Challenges Of Proving Antitrust Injury
A recent California federal court decision dismissing challenges to Nippon Steel's purchase of U.S. Steel underscores the longtime antitrust precedent that while the limitations of injury are critical for defendants sued under U.S. antitrust laws, showing that the harm is real is the key, says Cameron Regnery at Freeman Mathis.
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Contract Disputes Recap: Estimates, Value, Gov't Causation
Three recent decisions provide helpful insights about the risk of relying on estimated quantities in blanket purchase agreements, the impact of valuation methodologies and the proof needed to overcome an agency's sovereign acts defense, say attorneys at Seyfarth.
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How Iran War Might Reshape Proxy Contests This Year
The Iran war may function as a short-term poison pill for proxy contests, not because it strengthens corporate defenses, but because it increases the risks associated with activist commitments, say attorneys at Sidley.
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When Trade Secret Litigation And Criminal Law Collide
An increasing convergence of trade secret litigation and white collar defense, especially with several recent criminal prosecutions from the Justice Department, should prompt businesses and counsel to adapt within the overlapping landscapes, says Kenneth Notter at MoloLamken.
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Changes Coming To The SBIR And STTR Programs
Legislation recently approved by Congress to reauthorize the Small Business Innovation Research and Small Business Technology Transfer Programs includes changes focused on national security that would improve transparency but also increase applicants' administrative burdens, slow the awards process and likely increase litigation, say attorneys at Fluet & Associates.
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Moderna Case Highlights Overlooked Hurdle In Biopharma IP
The recent settlement of the patent litigation involving Moderna's COVID-19 vaccine in Delaware federal court shows that patent portfolios covering enabling platform technologies can create significant freedom-to-operate risk even when their owners are not direct competitors developing the therapeutic product, says Olga Berson at Thompson Coburn.
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Breaking Down State Legislative Efforts In Telecom Security
As the federal government has strengthened national security safeguards for the telecommunications ecosystem, states have also asserted a role in telecom security, with variations among these regimes risking regulatory fragmentation and complicating compliance strategies, say attorneys at Hogan Lovells.
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5 Tips For Navigating Your Firm's All-Attorney Summit
Excerpt from Practical Guidance
Law firm retreats should be approached strategically, as they present valuable opportunities to advance both the firm's objectives and attorneys' professional development through meaningful participation, building and strengthening internal relationships, and proactive follow-up, says James Argionis at Cozen O’Connor.
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What's At Stake In High Court's Venue Dispute Case
The U.S. Supreme Court’s eventual ruling in Abouammo v. U.S. could fundamentally reshape venue rules for federal criminal prosecutions, highlighting why defense counsel should ensure preservation of colorable venue challenges, particularly where the government's chosen forum lacks a direct connection to the defendant's physical acts, say attorneys at ArentFox Schiff.
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5 Gov't Contractor Tips Following Anthropic Risk Designation
The Pentagon's designation of Anthropic as a supply chain risk is an unprecedented action that raises significant legal questions, and with government contractors already receiving directives and inquiries concerning their use of Anthropic products and services, there are several strategies contractors can use to manage risk, say attorneys at Mayer Brown.
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How Data Centers Can Prep For Legal Challenges Amid War
Amid conflict in the Middle East, data centers may now be exposed to state-level kinetic threats, creating significant legal, regulatory and contractual implications, so operators should update their legal and operational frameworks in order to withstand future disruptions and meet the regulator expectations, say attorneys at Baker Botts.