Flex said Monday it will acquire Electrical Power Products Inc., an Iowa-based maker of electrical power control and protection systems, in an all-cash deal valued at about $1.1 billion.
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TOP NEWS

Flex Expands US Power Footprint With $1.1B Purchase

By Al Barbarino

Flex said Monday it will acquire Electrical Power Products Inc., an Iowa-based maker of electrical power control and protection systems, in an all-cash deal valued at about $1.1 billion.

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Justices Won't Examine Mich. Immunity In Pipeline Row

By Keith Goldberg

The U.S. Supreme Court on Monday refused to review a Sixth Circuit decision that greenlighted Enbridge Energy LP's lawsuit challenging Michigan's decision to revoke an easement for the company's controversial Line 5 oil and gas pipeline.

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Trump, Biden Changes To Endangered Species Regs Vacated

By Rae Ann Varona

A California federal judge on Monday threw out Endangered Species Act regulation changes from the first Trump administration and Biden administration for being unlawful, saying the regulations contradicted the animal and habitat conservation law, including by paring back federal agency duties and narrowing the scope of the law's protection.

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Nearby Polluters Must Face Gowanus Canal Cleanup Suit

By Gautama Mehta

A New York federal judge on Sunday declined to dismiss a lawsuit brought by National Grid seeking to force 40 other parties accused of polluting Brooklyn's Gowanus Canal to pay their share of the Superfund cleanup costs.

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OIL AND GAS

Burford Considers Arbitration After 2nd Circ. Tosses $16B Win

By Nadia Dreid

Burford Capital Ltd. says it is contemplating taking its $16 billion fight with Argentina into international arbitration after the Second Circuit wiped out a judgment the litigation funding firm had won against the nation in New York federal court, sending its stock prices tumbling.

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$432M Damages 'Flawed,' NGL Co. Says In Biz Court Trial

By José Luis Martínez

A group of affiliated natural gas liquid entities operating in western Texas challenged damages claims worth over $400 million against them on Monday in Texas Business Court, saying that the method to calculate the damages amount is not up to par with state law.

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RENEWABLES

Trade Court Remands China Solar Duty Calculation Again

By Dylan Moroses

The U.S. Department of Commerce must again attempt to justify why it used Romanian figures to value inputs in a Chinese solar cell antidumping duty administrative review when most of its other calculations relied on Malaysian data, according to an opinion published Monday by the U.S. Court of International Trade.

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ELECTRIC VEHICLES

Chancellor Rejects Musk Recusal Bid But Transfers Tesla Suits

By Jarek Rutz

The top judge of the Delaware Chancery Court on Monday rejected Elon Musk's bid to force her off three high-profile cases involving stockholders and Tesla, but reassigned the litigation anyway, citing concerns that intense public attention could undermine confidence in the proceedings.

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MINING

Judge Tosses ESA Challenge Against Nevada Lithium Mine

By Crystal Owens

A Nevada federal judge says the federal government didn't violate the Endangered Species Act in approving a more than 7,100-acre lithium mining project that conservation groups argue will drive a rare wildflower into extinction, finding the decision was not arbitrary or capricious under recent Supreme Court precedent.

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Emmerson Seeks $1.22B From Morocco Over Potash Mine

By Joyce Hanson

British mining company Emmerson PLC on Monday submitted its arguments before an international tribunal based on Morocco's purported breaches of a bilateral investment treaty, accusing the country of expropriating a potash mine in a $1.22 billion arbitration case.

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EXPERT ANALYSIS

Opinion

AI Presents A Make-Or-Break Moment For Outside Counsel

The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.

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LEGAL INDUSTRY

Pillsbury Asks To Toss Suit Over Nonclient Data Breach

By Matt Perez

Pillsbury Winthrop Shaw Pittman LLP sought dismissal of a consolidated data breach action in New York federal court Friday due to the plaintiffs' alleged lack of relationship with the firm and inability to identify any cognizable damages.

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'Is It Kafka?' Judge Presses Pentagon On Press Restrictions

By Jared Foretek

A D.C. federal judge requested additional briefing Monday from the Trump administration before deciding whether to toss the U.S. Department of Defense's revised rules restricting journalists' access to the Pentagon but said some new allegations from reporters read like the revisions came from a Franz Kafka novel.

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Ex-Laffey Bucci Atty Accused Of Stealing Over $1.3M

By James Boyle

Laffey Bucci D'Andrea Reich & Ryan has accused a former name partner in a Pennsylvania state court suit of misdirecting more than $1.3 million in referral and case fees through a secret agreement with another firm and misusing the plaintiffs firm's resources for personal expenses, including an affair with a client.

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Analysis

Exchanges Are First Line In CFTC Prediction Market Policing

By Aislinn Keely

As the U.S. Commodity Futures Trading Commission insists it will be the primary cop for the growing expanse of prediction markets, experts said the agency is signaling that its first line of defense will be the internal enforcement programs of registrants like Kalshi.

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FCA Qui Tams Are Unconstitutional, Eli Lilly Tells Justices

By Mark Payne

The False Claims Act's whistleblower provisions are unconstitutional, drugmaker Eli Lilly has told the U.S. Supreme Court, asking it to overturn a Seventh Circuit decision upholding a $183 million trial win for a whistleblower who claimed the drug company hid how much it charged for Medicaid-covered drugs. 

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Justices Wary Of 'Odd' Arbitration Jurisdiction Theory

By Caroline Simson

A lawyer urging the U.S. Supreme Court to find that federal courts that have sent a dispute to arbitration do not automatically have jurisdiction to confirm or vacate a subsequent award faced heavy skepticism Monday from the justices, who called his argument during oral arguments "odd" and "peculiar."

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court's docket this past week featured disputes involving globally recognized companies, high-dollar contract fights, revived claims from the state's high court and the resolution of a closely watched de-SPAC case.

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Blumenthal Questions SEC Over Crypto Cases, Ryan Exit

By Katryna Perera

U.S. Sen. Richard Blumenthal is demanding answers from U.S. Securities and Exchange Commission Chairman Paul Atkins about the sudden resignation of the regulator's enforcement director and whether her departure was related to cryptocurrency cases, including one touching on the Trump family's ventures.

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COMPANIES IN TODAY'S NEWS

Association of Corporate Counsel

Burford Capital LLC

CME Group Inc.

Center for Biological Diversity Inc.

Chevron Corp.

Consolidated Edison Inc.

Del Taco Inc.

Earthjustice

Eli Lilly & Co.

Enbridge Energy Partners LP

Executive Health Resources Inc.

Intel Corp.

International Centre for Settlement of Investment Disputes

JA Solar Holdings Co. Ltd.

Jack In The Box Inc.

Jinko Solar

Johnson & Johnson

Line 5 LLC

LinkedIn Corp.

National Grid PLC

Paramount Global

Phillips 66

Sierra Club

Skydance Media LLC

Supervalu Inc.

Tesla Inc.

The Bank of New York Mellon Corp.

The District of Columbia Bar

The Kraft Heinz Co.

The New York Times Co.

Twitter Inc.

U.S. Chamber of Commerce

Verizon Communications Inc.

YPF SA

LAW FIRMS IN TODAY'S NEWS

Alexander Dubose

ArentFox Schiff

Banville Law

Bayard PA

Beck Redden

Bleichmar Fonti

Boies Schiller

Carella Byrne

Clement & Murphy

Covington & Burling

DLA Piper

Dickinson Wright

Gibbs & Bruns

Gibson Dunn

Gordon Rees

Grant & Eisenhofer

Grunfeld Desiderio

Haynes Boone

Heyman Enerio

Hogan Lovells

Husch Blackwell

Jenner & Block

Kennyhertz Perry

Kirkland & Ellis

Laffey Bucci

Lamb McErlane

Milberg PLLC

Morgan Lewis

Mowry & Grimson

Norton Rose

Nossaman LLP

Pillsbury Winthrop

Prickett Jones

Quinn Emanuel

Reynolds Frizzell

Richards Layton

Ross Aronstam

Shook Hardy

Steptoe LLP

White & Case

Young Conaway

deLeeuw Law

GOVERNMENT AGENCIES IN TODAY'S NEWS

Bureau of Land Management

Centers for Medicare & Medicaid Services

Commodity Futures Trading Commission

Delaware Court of Chancery

Federal Maritime Commission

Fish and Wildlife Service

Michigan Attorney General's Office

National Marine Fisheries Service

Pennsylvania Supreme Court

U.S. Army

U.S. Coast Guard

U.S. Department of Commerce

U.S. Department of Defense

U.S. Department of Energy

U.S. Department of Justice

U.S. Department of the Interior

U.S. District Court for the District of Columbia

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

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

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

U.S. Securities and Exchange Commission

U.S. Supreme Court

United States District Court for the District of Nevada