Russian Billionaire Takes Yacht Forfeiture Suit To High Court

By Madeline Lyskawa

Russian billionaire Eduard Yurievich Khudainatov urged the U.S. Supreme Court to review the federal government's seizure and sale of a $300 million superyacht, arguing that he should have been able to contest the forfeiture as the yacht's titleholder.

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XAI Fails To Dodge Miss. NAACP Pollution Suit

By Tom Lotshaw

A Mississippi federal judge denied X.AI Corp.'s bid to dismiss an NAACP citizen suit alleging that the company has unlawfully installed and operated dozens of polluting natural gas-fired turbines to power its Colossus 2 data center.

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FCC Grants 1st Router Security Waiver Aimed At Onshoring

By Christopher Cole

The Federal Communications Commission's staff has granted a partial waiver from its rules restricting the sale of foreign routers in the U.S., saying it's the first exemption for routers based on onshoring jobs as one of the public interest benefits.

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FCC Clears More Drones, Inverters, Robots From Covered List

By Aneeta Mathur-Ashton

The Federal Communications Commission has cleared several foreign-produced products for sale in the U.S., exempting certain uncrewed aircraft systems, advanced robotic devices and power inverters from the Covered List, which restricts foreign-made devices for national security reasons.

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Analysis

Maine's Canada Trade Exemption May Ride On Midterms

By Dylan Moroses

The fate of Maine's relief from the trade war between the U.S. and Canada may lie in the balance of Tuesday's midterm election results, a dynamic that shows how trade policy can be influenced by the political winds, experts said.

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More Amicus Briefs Flood NYT, OpenAI Copyright Case

By Theresa Schliep

Actors, writers groups, advocacy organizations, law professors and current and former political leaders weighed in on the OpenAI copyright multidistrict litigation in New York federal court, with some arguing that fair use does not protect the artificial intelligence developer, while others contended that training models on copyrighted works was all above board.

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European Airline Blames RTX Unit For Engine Troubles

By Brian Steele

RTX Corp.'s Pratt & Whitney division built what it said was an advanced aircraft engine that would save on maintenance and operating costs, but it actually suffered from "serious" problems that cost a Romanian airline millions of dollars, according to a Connecticut federal lawsuit.

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AE Industrial Wraps $850M Continuation Fund For Blue Raven

By Jade Martinez-Pogue

Technology-focused private investment firm AE Industrial Partners, advised by Kirkland & Ellis LLP, on Monday said that it closed a new single-asset continuation fund for its portfolio company Blue Raven with approximately $850 million of capital commitments.

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BigLaw Attys Step Up To Help Voters In Midterm Elections

By Jack Karp and Lynn LaRowe

Attorneys from several BigLaw firms are volunteering across the country to make sure voters don't run into problems casting their ballots or having those ballots counted in Tuesday's midterm elections.

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Brief

Winston Taylor, DLA Piper Match Milbank Pay Scale

By Tracey Read

Two more BigLaw firms have opted to match the new associate salary scale set by Milbank LLP in June.

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Analysis

Judiciary Stuck In AI Rulemaking Rut As Attys, Judges Protest

By Jeff Overley

Judiciary efforts to enact rules for the artificial intelligence age are mired in concerns about burdens on litigators, the tensions between burgeoning technology and snail-paced policymaking, and how to even define AI. And despite vivid examples of AI's risks, officials are inching toward mothballing the prominent project.

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Judge Orders Chicago US Atty To Testify In Misconduct Probe

By Celeste Bott

An Illinois federal judge has ordered Chicago's top federal prosecutor and three assistant U.S. attorneys to testify under oath about potentially false statements made to her in a now-dismissed criminal conspiracy case against anti-ICE protesters, saying Monday that the government's shifting explanations about communications with DOJ leadership suggest prosecutors misled the court about outside involvement in the prosecution.

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NY State Bar Says Attys Can't Bill Time Saved By AI

By Andrea Keckley

The New York State Bar Association has told lawyers not to bill clients for the time they saved by using artificial intelligence, or for the time it took to learn a new AI tool.

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Interview

SEC's Top Cop On Building A 'Nimble' Enforcement Division

By Jessica Corso

The U.S. Securities and Exchange Commission has lost hundreds of enforcement employees and seen significant restructuring of its regional offices over the past two years, but the Division of Enforcement's director said that hasn't stopped him from building a "nimble" program that is focused on more than just the number of cases filed.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week allowed a stockholder claim over R1 RCM Inc.'s $8.9 billion buyout to proceed, while investors in Meta Platforms Inc. sued to block a stock restructuring they say would let CEO Mark Zuckerberg sell billions of dollars in shares without giving up control of the company.

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Monthly Merger Review Snapshot

By Matthew Perlman

The Federal Trade Commission caused a pair of playground equipment makers to abandon their planned merger, Canadian enforcers upended a deal for the Green Giant brand in the country and state attorneys general reached settlements for several regional deals.

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