Paul Weiss, Cleary Steer $11.75B GE Aerospace, CPP Deal

By Al Barbarino

GE Aerospace said Tuesday it has agreed to buy engineered castings maker Consolidated Precision Products from private investment firms Warburg Pincus and Berkshire Partners for $11.75 billion.

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Canada Defends Retaliatory Tariffs Against US As Necessary

By Jack McLoone

Canadian Prime Minister Mark Carney defended Canada's retaliatory tariffs against the U.S. as they went into effect Tuesday, saying they are needed to protect Canadian workers and industries from President Donald Trump's latest trade war action.

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Boeing Avoids Broad Financial Discovery In IP Suit

By Tom Lotshaw

A Washington federal judge has ordered The Boeing Co. to provide some, but far from all, of the information Wilson Aerospace LLC sought for its suit accusing the aerospace giant of stealing patented technology for a NASA moon program.

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FCC Could Revamp Enviro Regs Over Broadband Deployment

By Christopher Cole

The Federal Communications Commission will consider slashing the number of permit reviews required for thousands of broadband deployment projects under the National Environmental Policy Act.

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Binance Seeks Dismissal Of Terrorist Attack Victims' Suit

By Madeline Lyskawa

Binance and its former CEO pushed a federal judge in Manhattan to dismiss a lawsuit claiming the cryptocurrency exchange aided and abetted 30 terrorist attacks, saying the plaintiffs still couldn't plausibly allege that the company provided knowing and substantial assistance to foreign terrorist organizations.

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Reusable-Rocket Maker Stoke Space Gets $1B Series E Boost

By Rachel Riley

Washington-based Stoke Space Technologies on Tuesday announced the initial closure of a $1 billion Series E financing round, saying the fresh funding will propel its plans to launch a fully reusable rocket early next year and accelerate its development of a larger, more advanced model.

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Brief

Defense Contractor Floats Oct. Asset Auction In Ch. 11

By Vince Sullivan

U.S. military contractor Noble Supply & Logistics LLC asked a Delaware bankruptcy judge to approve bidding procedures calling for an auction of the company's assets in October, with the sale to close by Nov. 13.

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How Rogue AI May Shape Corporate Liability, Responsibility

Recent artificial intelligence cyber incidents offer a window into how companies deploying autonomous systems should document risk controls even when systems exceed their intended boundaries, as jurors may treat unexpected AI conduct as foreseeable evidence of inadequate safeguards, says Jorge Monroy at Verdict Insight Partners.

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ABA Law School Accrediting Arm Repeals Diversity Standard

By Emma Cueto and Andrea Keckley

The American Bar Association council responsible for law school accreditation voted Tuesday to eliminate its diversity and inclusion standard, the final step in a process that the council hopes will ensure it remains an accreditor recognized by the U.S. Department of Education.

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Ex-DLA Piper Partner Must Face Claim He Raped Associate

By Lynn LaRowe

A Massachusetts state court has ruled it has jurisdiction over an assault and battery claim alleging a former DLA Piper partner raped a former Boston-based associate in Delaware, finding that purported incident was part of "a larger course of conduct encompassing multiple torts across several states, all circling around plaintiff's residence and work in Massachusetts."

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5th Circ. Backs Ax Of $125M Judgment Over Judge Friendship

By Mike Curley

A split Fifth Circuit panel Tuesday affirmed the vacatur of a trial by a magistrate judge that resulted in a $125 million judgment against Port of Lake Charles, finding the district court correctly found that the magistrate judge didn't fully disclose her 40-year, "close, multifaceted, and personal friendship" with IFG Port Holdings LLC's attorney.

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AG Blanche To Speak At GOP Midterm Convention

By Courtney Bublé

Attorney General Todd Blanche will speak at the Republican midterm convention this week in his "personal capacity."

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court this past week saw disputes involving a former NFL star and a $2.5 million solar venture, Morgan Stanley's role in Fox Corp.'s planned $22 billion acquisition of Roku Inc., and JPMorgan Chase & Co.'s effort to pause more than $20 million in legal-fee payments to former Frank executives.

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