Rocket Lab said Monday it has agreed to acquire satellite operator Iridium Communications in an $8 billion cash-and-stock deal, combining rocket launches, satellite manufacturing and global satellite communications under one company.
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TUESDAY, JUNE 30, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

5 Firms Advise On Rocket Lab's $8B Iridium Deal

By Al Barbarino

Rocket Lab said Monday it has agreed to acquire satellite operator Iridium Communications in an $8 billion cash-and-stock deal, combining rocket launches, satellite manufacturing and global satellite communications under one company.

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3rd Circ. Won't Hear Appeal In Fatal Osprey Crash Suit

By Mike Curley

The Third Circuit on Monday denied a petition from the families of eight U.S. service members killed in a V-22 Osprey crash in November 2023 who sought to appeal the dismissal of their state court claims against The Boeing Co., Bell Textron Inc. and Universal Stainless & Alloy Products Inc. over the crash.

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US Needs To Emphasize Orbit Power Limits, Report Says

By Christopher Cole

A group of satellite policy experts pressed for updated power limits for low Earth orbit satellites during the run-up to the World Radiocommunication Conference.

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Petrofac Fined By HMRC For Russian Sanctions Breach

By Christopher Crosby

HM Revenue and Customs said Monday that a U.K. energy firm has paid a £569,000 ($753,000) penalty for breaching sanctions regulations which prohibited the export of industrial goods to Russia after its invasion of Ukraine in 2022.

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POLICY & REGULATION

Rural Network Providers Seek FCC Waiver To Alter Routers

By Nadia Dreid

Now that the Federal Communications Commission has given some telecommunications trade groups permission to make changes to foreign-made routers that the agency has banned from being imported, those groups are asking the agency to let suppliers make the changes themselves.

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LITIGATION

Fed. Circ. Says Vet's Atty Can't Get Fees Over New Hip Claim

By Ganesh Setty

The Federal Circuit has rejected an attorney's bid to secure attorney fees following her client's long-running quest for disability benefits from the U.S. Department of Veterans Affairs, finding that a separate case commenced following his February 2021 hip surgery.

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Contractor Says Navy Owes $8M Over USS Vicksburg Repairs

By Elaine Briseño

A U.S. Navy contractor alleged that it was shortchanged more than $8 million after the agency drastically underestimated how much repair work was needed to rehabilitate the USS Vicksburg, resulting in 298 extra days in dry dock.

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EXPERT ANALYSIS

2 Prediction Market Cases Will Test Insider Trading Theory

Prosecutors in two recent Southern District of New York cases have filed separate charges against two defendants who used confidential information gathered from each employer to place prediction market bets, but each prosecution must overcome different legal hurdles established by the U.S. Supreme Court and the Second Circuit, says John Siffert at Lankler Siffert.

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Ill. Law Firm MSO Bill Clashes With Court Power, Ethics Rules

An Illinois bill prohibiting law firms from certain business arrangements with management service organizations, sent to the governor for signature last week, encroaches upon the courts' constitutional powers and goes beyond the Illinois Rules of Professional Conduct in regulating investment in law-related services, says Matthew O’Hara at Smith Gambrell.

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LEGAL INDUSTRY

Trump Nominates Just Confirmed La. Judge For 5th Circ.

By Courtney Bublé

Judge Anna St. John has been on the federal bench for less than four months, and now she's being elevated to a higher court.

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High Court Scraps Caps On Coordinated Campaign Spending

By Katie Buehler and Jeff Overley

The U.S. Supreme Court on Tuesday struck down federal limits on political party spending in coordination with individual candidates, agreeing with a Republican-led challenge that the caps violate the First Amendment.

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Gordon Rees Adds 8 Partners In Northern California

By Tracey Read

Gordon Rees Scully Mansukhani LLP has expanded its offices in Northern California with eight new partners who have expertise in multiple practice areas, a firm spokesperson told Law360 Pulse on Tuesday.

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NY State Bar Wants New Bar Exam Rules For Emergencies

By Kevin Penton

Following two recent incidents that drew scrutiny over their handling, the New York State Bar Association is calling for new standardized protocols to be followed should emergencies occur during the administration of the bar exam.

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NC City Beats Ex-Paralegal's Besmirched Reputation Suit

By Hayley Fowler

A North Carolina city's characterization of how a fired paralegal allegedly misused city resources is not enough to sustain her suit accusing the city of trampling on her reputation and using her as a scapegoat for her boss's misdeeds, a federal judge said in throwing out the case.

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Uber, FedEx Slam Pa. Law Firm Counterclaims In RICO Suit

By James Boyle

Philadelphia-based personal injury firm Simon & Simon PC and its founder have failed to support a counterclaim in Pennsylvania federal court saying Uber Technologies Inc. and FedEx Corp. filed a sham litigation and abused the legal process with their ongoing RICO complaint against the firm, the companies argued Monday.

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Buchalter Real Estate Partner Joins Holland & Knight In LA

By Adrian Cruz

Holland & Knight LLP announced that an experienced real estate finance attorney who most recently practiced at Buchalter PC has joined the firm's Los Angeles office as a partner.

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Office Snapshot: Hogan Lovells Set To Reclaim Turf In Boston

By Chris Villani

Amid Hogan Lovells' rapid growth in multiple practice areas and ahead of its merger with Cadwalader Wickersham & Taft LLP, the firm has expanded its downtown Boston office to include space for more than a dozen additional attorneys.

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NJ Assembly Passes Litigation Funding Disclosure Bill

By Jake Maher

The New Jersey Assembly passed a bill requiring the disclosure of third-party litigation funding arrangements on Tuesday by an overwhelming margin after similar pending legislation in the state Senate received pushback from trial lawyers and litigation finance representatives.

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COMPANIES IN TODAY'S NEWS

ACA Connects - America's Communications Association

Aegerion Pharmaceuticals Inc.

BAE Systems PLC

Boston College

Burke Inc.

Competitive Enterprise Institute

Democratic National Committee

Deutsche Bank AG

FedEx Corp.

First Capital, Inc.

Fordham University

Gleason Corp.

Golden Gate University

Google LLC

Hamilton Lincoln

International Legal Finance Association

Iridium Communications Inc.

Korean Air Lines Co. Ltd.

LinkedIn Corp.

National Telephone Cooperative Association

New Jersey Association for Justice

New Jersey State Bar Association

New York State Bar Association

Petrofac Ltd.

Regeneron Pharmaceuticals Inc.

Southwestern Law School

Textron Inc.

The Associated Press

The Boeing Co.

Uber Technologies Inc.

United States Telecom Association

Universal Stainless & Alloy Products, Inc.

University of Southern California

University of the Pacific

Wells Fargo & Co.

LAW FIRMS IN TODAY'S NEWS

Balch & Bingham

Blank Rome

Buchalter LLP

Chisholm & Chisholm

Chisholm Chisholm

Cooley LLP

DLA Piper

Davis Polk

Dentons

Dowd & Dowd Ltd

Elias Law Group LLP

Epstein Becker

Gagliano Law Offices

Goodwin Procter

Gordon Rees

Hinshaw & Culbertson

Hogan Lovells

Holland & Knight

Jones Day

Jones Kelleher

Lankler Siffert

Latham & Watkins

Levinson Arshonsky

Lewis Brisbois

Morgan Lewis

Muro & Lampe

Noonan Willetts

Perkins Coie

Ropes & Gray

Simon & Simon PC

Sklar Kirsh

Slaughter Reagan

Smith Gambrell

Stone Kalfus

Sullivan & Cromwell

Tuggle Duggins

Wiley Rein

Wilkinson Barker

Wilson Sonsini

Winston Taylor

Wisner Baum

GOVERNMENT AGENCIES IN TODAY'S NEWS

Federal Communications Commission

Federal Election Commission

HMRC

Illinois General Assembly

Illinois Supreme Court

International Telecommunication Union

Occupational Safety and Health Administration

Office of Financial Sanctions Implementation

U.S. Army

U.S. Attorney's Office

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

U.S. Court of Appeals for the Federal Circuit

U.S. Court of Appeals for the Fifth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Justice

U.S. Department of Veterans Affairs

U.S. District Court for the District of Columbia

U.S. District Court for the Eastern District of Louisiana

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Eastern District of Virginia

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

U.S. Navy

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Sentencing Commission

U.S. Supreme Court