Aircraft parts maker TransDigm has abandoned its $960 million plan to buy private equity-owned Stellant Systems after the U.S. Department of Justice told the companies it planned to take the matter to court if they decided to go through with it.
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TUESDAY, JULY 14, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

TransDigm Won't Go Head To Head With DOJ On Stellant Deal

By Nadia Dreid

Aircraft parts maker TransDigm has abandoned its $960 million plan to buy private equity-owned Stellant Systems after the U.S. Department of Justice told the companies it planned to take the matter to court if they decided to go through with it.

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Bombardier Sued Over Flight That Killed Ex-White House Atty

By Carolyn Muyskens

Bombardier Inc. and a private chartered flight company were sued in Massachusetts state court Monday by the widower of a prominent Washington, D.C., lawyer who was fatally injured aboard a business jet when it shook violently midair.

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NY Times Says Gov't Can't Justify Concealing Boat Strike Videos

By Holly DeMuth

The New York Times told a New York federal judge that the U.S. Department of Defense's "vague and implausible" justification for withholding footage from several military strikes on boats in the Pacific and Caribbean is countered by its decision to release clips from the footage on social media.

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POLICY & REGULATION

CBP Sends Another $15B In Tariff Refunds To Treasury

By Dylan Moroses

Customs and Border Protection finalized over $15 billion more worth of tariff refunds in just under two weeks, according to a Monday declaration filed in the U.S. Court of International Trade.

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ENFORCEMENT

UK, EU Impose Joint Sanctions On Russian Cybernetworks

By Christopher Crosby

Britain and the European Union imposed a new round of sanctions Monday on top Russian military intelligence officials and proxies the authorities said are behind attempts to sow chaos and division in Europe through cyberattacks and anti-Ukraine propaganda.

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Jury Finds Mass. Engineer Guilty Of Sharing Tech With Iran

By Carolyn Muyskens

A semiconductor company employee was convicted on Monday of sharing navigation technology with potential military applications with an Iranian business associate in violation of U.S. sanctions.

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Judge Newman Won't Reopen High Court Suspension Battle

By Theresa Schliep

Federal Circuit Judge Pauline Newman did not ask the U.S. Supreme Court to reconsider her bid to save a suit against her fellow judges for suspending her from the bench over her refusal to undergo medical tests.

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LITIGATION

SpaceX Looks To Trim Damages From Suit Over Rocket Noise

By Spencer Brewer

SpaceX asked a Texas federal judge to trim a group of homeowners' claims alleging the company's rocket activity at its Starbase facility repeatedly damaged their homes with noise, vibrations and sonic booms, saying Texas law doesn't allow for noneconomic damages in this case.

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WebAI Says Ex-Engineers Recast Firing As Fraud Claims

By Abigail Harrison

WebAI Inc. has told a North Carolina federal court that a complaint by former engineers alleging an executive's conduct jeopardized huge deals is merely an attempt by disgruntled employees to conjure a multicount lawsuit from a lawful employment separation.

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GAO

Mass. Judge Hints At Fee Award In DOD Grant Cap Case

By Julie Manganis

The U.S. Department of Defense was "not substantially justified" in moving forward with a unilaterally imposed reimbursement limit for grant-funded research support costs, a Massachusetts federal judge said Monday while weighing whether to award legal fees to a group that successfully challenged the cap.

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DEALS & CONTRACTS

Strategics Dominated N. America Dealmaking In 1st Half Of '26

By Al Barbarino

Corporate buyers seized a record share of North American dealmaking in the first half of 2026, powering a surge in M&A volumes while private equity activity pulled back amid higher financing costs and valuation gaps, according to a Mergermarket report. 

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PEOPLE

Steptoe Adds Crowell & Moring Defense Pro As Cyber Lead

By Tracey Read

Steptoe LLP announced Monday that it has hired a former government contracts and cybersecurity partner from Crowell & Moring LLP who has held senior procurement roles at the U.S. Department of Defense and the Department of Homeland Security to lead the firm's cybersecurity practice.

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LEGAL INDUSTRY

Jackson Walker Settlements Over Judge Romance Get Greenlit

By Emma Cueto

A Texas bankruptcy judge has recommended approval of nine settlements regarding legal fees paid to Jackson Walker LLP connected to a former firm partner's romantic relationship with a then-bankruptcy judge, with the firm agreeing to pay $4.79 million in total, including $1.4 million to the estate of J.C. Penney.

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Trump-IRS Settlement Result Of Sham Suit, Judge Rules

By Jack McLoone

President Donald Trump's $10 billion suit against his own Internal Revenue Service and the resulting settlement deal lacked a legitimate controversy, given Trump's control over both the agency and the U.S. Department of Justice, a Florida district judge said Monday in an order barring Trump or others from citing the deal.

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Wells Fargo's $50M Deal In Atty's Ponzi Scheme Gets 1st OK

By Gina Kim

Wells Fargo will pay $50 million to settle a proposed class action alleging it knowingly helped a Las Vegas attorney run a multimillion-dollar Ponzi scheme deceiving investor victims into fronting money for borrowers awaiting personal injury settlement payouts, according to a preliminary approval order issued in Nevada federal court.

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Mass Tort Firms Hit With Suit Over AI Solicitation Calls

By Lynn LaRowe

A Michigan-based mass tort law firm and a pair of affiliate firms are violating federal and Texas state laws through an artificial intelligence-generated telemarketing campaign meant to solicit clients, according to a putative class action filed in Texas federal court.

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Senate Confirms SDTX Judge Pick Tied To Gun Group

By Courtney Bublé

The Senate voted 46-44 Monday evening to confirm Executive Assistant U.S. Attorney Arthur "Rob" Jones as a U.S. district judge to serve on the Southern District of Texas bench.

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Blanche Hearing To Proceed After Graham's Death

By Courtney Bublé

The Senate Judiciary Committee will still hold the confirmation hearing for Todd Blanche's nomination to be attorney general on Wednesday, despite the death of committee member Sen. Lindsey Graham, R-S.C., over the weekend. 

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week handled disputes involving corporate control, post-closing competition, executive departures, arbitration awards and shareholder litigation.

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COMPANIES IN TODAY'S NEWS

Air Products & Chemicals Inc.

American Bar Association

Analog Devices Inc.

Apollo Global Management LLC

Association of American Universities Inc.

Bombardier Inc.

Burke Inc.

Clario

Dominion Energy Inc.

Douglas Elliman Realty LLC

Financial Times Group Ltd.

Fortrea Inc.

Honeywell International Inc.

J.C. Penney Co. Inc.

KPMG International

LinkedIn Corp.

National Rifle Association of America

New Civil Liberties Alliance

NextEra Energy Inc.

OpenAI OpCo LLC

Qantas Airways

Seadrill Limited

Space Exploration Technologies Corp.

Stage Stores Inc.

The New York Times Co.

Thermo Fisher Scientific Inc.

TransDigm Group Inc.

Trump Organization Inc.

Versar, Inc

WSP Global Inc.

Wells Fargo & Co.

LAW FIRMS IN TODAY'S NEWS

Atlas Hall

BCL Solicitors

Barnes Richardson

Brito PLLC

Clement & Murphy

Crowell & Moring

DV Injury Law

Edwards Beightol

Fick & Marx

Gibbs Mura

Gibson Dunn

Girard Sharp

Guerra LLP

Hogan Lovells

Holland & Hart

Jackson Walker LLP

Javitch Law Office

Jenner & Block

Kreindler & Kreindler

Levine Kellogg

Littler Mendelson

McGuireWoods

Norton Rose

Paul LLP

Rivero Mestre

Rusty Hardin

Skadden Arps

Steptoe LLP

Susman Godfrey

WilmerHale

Zuckerman Spaeder

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Alcohol Tobacco Firearms and Explosives

Commonwealth of Massachusetts

Delaware Court of Chancery

European Union

Executive Office of the President

Federal Bureau of Investigation

Internal Revenue Service

Millennium Challenge Corp.

National Transportation Safety Board

U.K. Foreign & Commonwealth Office

U.S. Air Force

U.S. Attorney's Office for the District of Massachusetts

U.S. Attorney's Office for the Southern District of New York

U.S. Customs and Border Protection

U.S. Department of Defense

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Massachusetts

U.S. District Court for the Eastern District of North Carolina

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Texas

U.S. Marine Corps

U.S. Navy

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court

US Office of Management and Budget

United States District Court for the District of Nevada