GE Vernova said Wednesday it has agreed to purchase German high-voltage energy grid equipment company Trench Group from investment firm Triton Partners for $9 billion, tapping Skadden Arps Slate Meagher & Flom LLP to advise on the acquisition.
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THURSDAY, OCTOBER 29, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

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GE Vernova Taps Skadden For $9B Grid Equipment Buy

By Al Barbarino

GE Vernova said Wednesday it has agreed to purchase German high-voltage energy grid equipment company Trench Group from investment firm Triton Partners for $9 billion, tapping Skadden Arps Slate Meagher & Flom LLP to advise on the acquisition.

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Questions Remain In $1.5B Iraq, Turkey Feud, Court Hears

By Caroline Simson

Turkey is pressing a D.C. federal court to reject a magistrate judge's recommendation to enforce an arbitral award ordering it to pay some $1.47 billion in damages to Iraq, saying the judge wrongly analyzed the issue of interest and that the ultimate prevailing party still isn't clear.

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Q&A

U. Of Buffalo Prof Skeptical Of SpaceX-Tesla Merger Benefits

By Al Barbarino

Elon Musk made headlines when he said on Oct. 20 that a merger between SpaceX and Tesla, the two multitrillion-dollar companies he leads, would be a "good idea." But not everyone sees it that way. 

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POLICY & REGULATION

India, Mexico Take Step Toward Preferential Trade Deal

By Jack McLoone

Trade representatives from India and Mexico kicked off negotiations for a preferential trade agreement, the Indian government announced Wednesday, saying the hope is to increase trade between the countries.

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OIL AND GAS

Ex-Eletson Gas Exec Looks To Nix Bankruptcy Sanctions

By Emily Lever

A former executive at Eletson Gas urged a New York federal court to reverse an arrest warrant for contempt and a $726,000 judgment imposed on him, arguing he was never properly served and had ceased working at Eletson at the time of the alleged sanctionable conduct.

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UTILITIES AND POWER

Mich. Judge Weighs Toshiba Legal Bills Discovery Fight

By Melanie Dorsey

A Michigan federal judge on Wednesday questioned whether she needs to review specific objections to DTE Electric Co. and Consumers Energy Co.'s multimillion-dollar attorney fee request before deciding whether Toshiba Corp. must disclose its own legal bills and litigation expenses following a nearly $394.4 million jury verdict over a botched power plant overhaul.

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EXPERT ANALYSIS

Where Species And Wetlands Reg Rollbacks Leave Cos.

The current administration's rollbacks of regulations covering waters of the U.S. and endangered species may ease permitting burdens and shorten approval timelines, but those potential benefits are tempered by state-level protections, likely legal challenges and possible reversals by a future administration, say attorneys at White & Case.

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3 Strategies To Reduce AI Sycophancy In Legal Work

The tendency of generative artificial intelligence models to tell users what they want to hear can reinforce attorneys’ confirmation bias when testing the strength of arguments, and it can’t simply be prompted away — but a few practices can help mitigate it, says Michael Ott at Ice Miller.

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LEGAL INDUSTRY

Weil To Wind Down As Top Attorneys Abandon Firm

By Daniel Moritz-Rabson, Alex Wittenberg and Aebra Coe

Weil Gotshal & Manges LLP, the restructuring powerhouse that led Lehman Brothers, Enron and General Motors through bankruptcy, told Law360 Pulse Wednesday that the firm is preparing to wind down operations.

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BigLaw Tip Middleman To Admit Role In $3.5M Trading Scheme

By Chris Villani

An alleged middleman in a sweeping scheme to trade off of deal information stolen from major law firms has agreed to plead guilty and potentially faces a prison term of nearly a decade, according to a plea agreement filed Wednesday in Massachusetts federal court.

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Judge Hellerstein, Gruff Moderator Of Major Cases, Dies At 92

By Pete Brush

Judge Alvin K. Hellerstein, a former litigator and sometimes impatient Manhattan federal jurist who presided over decades of high-profile cases that often came under close appellate scrutiny, died Wednesday at the age of 92.

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LA's Top Federal Prosecutor 'Unlawfully Serving,' Judge Finds

By Christine DeRosa

A federal judge has ruled that Los Angeles' top federal prosecutor isn't legally serving in the role and that he is disqualified from participating in or supervising two criminal prosecutions.

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Proskauer, Reddit Attys Called To Testify In Data-Scraping Suit

By Bryan Koenig

A New York federal judge on Wednesday called for live testimony from two Proskauer Rose LLP attorneys and Reddit's deputy general counsel as he weighs the law firm's bid to represent Perplexity AI in a lawsuit from Reddit, the firm's former client, over alleged data scraping.

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BakerHostetler Malpractice Case To Expand With RICO Claim

By Emily Johnson

A Georgia federal judge has allowed a trustee who has accused BakerHostetler and an Atlanta-based attorney of legal malpractice to file an amended complaint after the trustee asked to add claims of Georgia RICO Act violations.

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SC Gov.'s Counsel Still In The Running For Federal Judgeship

By Courtney Bublé

The chief legal counsel for South Carolina Gov. Henry McMaster is "being actively considered" for a federal judgeship, according to the White House, but it's not a done deal yet.

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Analysis

Albright Left Key Issue In Billion-Dollar IP Fight Unanswered

By Dani Kass

In May 2025, then-U.S. District Judge Alan Albright watched a jury hold that VLSI Technology is controlled by Fortress Investment Group, but by the time he left the bench in August 2026, the judge had yet to decide whether that ownership would let Intel avoid billions of dollars in patent infringement verdicts.

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COMPANIES IN TODAY'S NEWS

Aetna Inc.

Anthropic PBC

BNP Paribas SA

CVS Health Corp.

Chevron Corp.

Citrix Systems Inc.

Defenders of Wildlife

Enstar Group Ltd.

Finjan Holdings Inc.

First Brands Group

Fortress Investment Group LLC

GE Aerospace

GE Vernova Inc.

Google LLC

Intel Corp.

Johnson & Johnson

Lehman Brothers Holdings Inc.

Meta Platforms Inc.

National Wildlife Federation

Natural Resources Defense Council

Platinum Partners LP

Poshmark Inc.

Reddit Inc.

Space Exploration Technologies Corp.

Steward Health Care System LLC

Tesla Inc.

Thoma Bravo LLC

Toshiba Corp.

Twitter Inc.

iRobot Corporation

LAW FIRMS IN TODAY'S NEWS

Alston & Bird

Baker & Hostetler

Bartlit Beck

Burr & Forman

Bush Seyferth

Case Law Group

Cleary Gottlieb

Cravath Swaine

Foley & Lardner

Forchelli Deegan

Goodwin Procter

HSF Kramer

Handley Farah

Ice Miller

Jenner & Block

Keker Van Nest & Peters

King & Spalding

Latham & Watkins

Linley Jones Firm

McGuireWoods

McNair Law Firm

Paul Weiss

Proskauer Rose

Reed Smith

Sidley Austin

Sirianni Youtz

Skadden Arps

Steptoe LLP

Stroock & Stroock

Sullivan & Cromwell

Vinson & Elkins

Weil Gotshal

White & Case

Willkie Farr

Wollmuth Maher

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commonwealth of Massachusetts

Fish and Wildlife Service

International Chamber of Commerce

Michigan Supreme Court

National Marine Fisheries Service

Patent Trial and Appeal Board

Swinomish Indian Tribal Community

U.S. Army

U.S. Army Corps of Engineers

U.S. Attorney's Office for the Central District of California

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

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

U.S. Department of Justice

U.S. District Court for the Central District of California

U.S. District Court for the District of Columbia

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of South Carolina

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

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

U.S. District Court for the Northern District of California

U.S. District Court for the Northern District of Georgia

U.S. District Court for the Northern District of Illinois

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

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

U.S. Environmental Protection Agency

U.S. Patent and Trademark Office

U.S. Senate

U.S. Supreme Court