The Federal Trade Commission filed a lawsuit on Monday seeking to block private equity-backed playground equipment maker PlayPower's planned acquisition of rival BCI Burke, alleging the move will drive up prices while decreasing quality and innovation.
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WEDNESDAY, OCTOBER 21, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

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FTC Sues To Block Playground Equipment Deal

By Matthew Perlman

The Federal Trade Commission filed a lawsuit on Monday seeking to block private equity-backed playground equipment maker PlayPower's planned acquisition of rival BCI Burke, alleging the move will drive up prices while decreasing quality and innovation.

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Allens-Led EQT Reaches $6.5B Deal To Acquire Cleanaway

By Dawood Fakhir

Swedish investment business EQT said Monday that it has signed a definitive agreement to buy Australian waste management company Cleanaway for approximately 9.3 billion Australian dollars ($6.5 billion).

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Blackstone Wraps 5th Energy Fund With $8.7B In Tow

By Jade Martinez-Pogue

Private equity behemoth Blackstone revealed Monday that it closed its fifth energy-focused fund after securing $8.7 billion of investor commitments.

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5 Firms Steer $3.4B Silgan, Trivium Packaging Deal

By Al Barbarino

Silgan Holdings Inc. said Monday it has teamed up with private equity firm American Industrial Partners on an agreement to acquire Trivium Packaging BV for an enterprise value of $3.4 billion, in a deal guided by five law firms.

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EU Says PE Firm KKR May Have Misled Merger Review

By Dawood Fakhir

The European Union antitrust enforcer escalated a case against KKR on Monday over its $23.7 billion acquisition of NetCo in 2024, alleging that the private equity firm might have provided incorrect or misleading information during the EU merger review process.

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KKR, Ares Units Agree To $2.9B Infinity Transportation Deal

By Al Barbarino

KKR & Co. has agreed to sell Infinity Transportation to business units of Ares Management for an enterprise value of approximately $2.9 billion, the private equity giants said Monday, in a deal steered by Simpson Thacher & Bartlett LLP and Kirkland & Ellis LLP. 

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LITIGATION

BDO $1.3B ESOP Fight Dismissed On Standing Grounds

By Kellie Mejdrich

A Massachusetts federal judge on Monday dismissed a proposed class action against BDO USA alleging the accounting and tax advisory firm's $1.3 billion deal to create an employee stock ownership plan violated federal benefits law, holding the worker who sued couldn't show that the transaction injured him.

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Catching Up With Delaware's Chancery Court

By Jarek Rutz

The Delaware Chancery Court last week blocked Cloudflare Inc. from completing a restructuring meant to preserve its founders' voting control, while Tower Semiconductor Ltd. accused Intel Corp. of backing out of a semiconductor manufacturing agreement and social media company Triller Group Inc. challenged its removal from Nasdaq.

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DEALS & FINANCING

Kirkland-Led EnCap Clinches $3.5B Continuation Vehicle

By Jade Martinez-Pogue

Energy investor EnCap Investments LP, led by Kirkland & Ellis LLP, said Monday that it closed a continuation vehicle for a portfolio of Permian Basin assets after securing roughly $3.5 billion of committed capital.

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5 Firms Build Migraine-Focused TriGemX's $600M SPAC Deal

By Jade Martinez-Pogue

Biotechnology company TriGemX Bio on Monday unveiled plans to go public by merging with special purpose acquisition company TCGX Acquisition Corp. in a deal built by five law firms that creates a combined company with a $600 million post-transaction equity value.

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LEGAL INDUSTRY

Kagan: High Court 'Blinded Itself' To Election Ruling Effects

By Katie Buehler

U.S. Supreme Court Justice Elena Kagan criticized her conservative colleagues' approach to deciding election law cases Tuesday, saying they often rule without considering the real-world consequences of their decisions. 

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Retired Judges Say DOJ's Ethics Complaint Is Meritless

By Courtney Bublé

A coalition of 61 retired federal judges has admonished the U.S. Department of Justice for filing a complaint against federal judges in Minnesota for speaking to a newspaper about the Trump administration's immigration crackdown in their state.

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Polsinelli Seeks Sanctions For 'Knowingly False' IP Suit

By Elliot Weld

Law firm Polsinelli PC has asked a Tennessee federal judge to sanction a medical device company for advancing what it says were "knowingly false and materially incomplete" positions in a suit accusing the firm of pursuing bad faith patent infringement claims on behalf of a client.

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'Petulant' Attorney Behavior Requires New Trial, 5th Circ. Says

By Cara Salvatore

The Fifth Circuit ordered a new trial Friday for a woman who was halted while speaking at a Louisiana local council meeting, saying defense lawyers for two council members threw "a skunk into the jury box" with a bevy of improper maneuvers.

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Feds Offer Up-Front Payments For Fraud Whistleblower Tips

By Lauren Berg

The U.S. Department of Justice on Tuesday announced the creation of a whistleblower incentive program offering up-front monetary awards for tips that lead to criminal fraud charges.

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Atty Used Legal Cred To Prop Up Ponzi Schemes, DOJ Says

By David Aaro

A Florida attorney was arrested Tuesday on charges of using his legal bona fides to help run two Ponzi schemes that swindled investors out of nearly $2 million, according to the U.S. Department of Justice.

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Ex-NOLA Injury Atty Gets 32 Months For Staging Crashes

By Christine DeRosa

A former New Orleans personal injury attorney has been sentenced to 32 months in prison for his role in a scheme to fake vehicle accidents with tractor trailers and other commercial vehicles so he could pursue lawsuits and extract settlements.

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COMPANIES IN TODAY'S NEWS

Alliance Technical Group

Amazon.com Inc.

American Industrial Partners

Arcwood Environmental

Ares Management Corp.

BDO LLP

BDO USA LLP

Burke Inc.

Cleanaway Waste Management Ltd.

Cloudflare Inc.

ConocoPhillips

Delta Star Inc.

Deutsche Bank AG

Dresser Utility Solutions

EQT AB

EQT Corp.

EnCap Investments LP

EpicentRx Inc.

Exxon Mobil Corp.

Infinity Transportation

Intel Corp.

Jenzabar Inc.

KKR & Co. Inc.

LifeSci Capital LLC

Littlejohn & Co. LLC

Nasdaq Inc.

OGX

Pegasus

Platinum Equity LLC

RBC Capital Markets

Silgan Holdings Inc.

The Catholic University of America

The Florida Bar

The Goldman Sachs Group Inc.

The New York Times Co.

TikTok Inc.

Tower Semiconductor Ltd.

Viking Global Investors LP

Walmart Inc.

Wells Fargo & Co.

LAW FIRMS IN TODAY'S NEWS

Ashurst Perkins

Bayard PA

Cohen Milstein

Cooley LLP

Dechert LLP

Egerton McAfee

Goodwin Procter

Jenner & Block

Kirkland & Ellis

Latham & Watkins

Maples and Calder

McDermott Will & Schulte

Moorman Law Firm LLC

Morris Nichols

Paul Weiss

Polsinelli PC

Sidley Austin

Simpson Thacher & Bartlett

Weil Gotshal

Williams Mullen

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

European Commission

European Union

Federal Bureau of Investigation

Federal Election Commission

Federal Reserve System

Federal Trade Commission

Internal Revenue Service

U.S. Attorney's Office

U.S. Attorney's Office for the Eastern District of Louisiana

U.S. Attorney's Office for the Northern District of Georgia

U.S. Court of Appeals for the Fifth Circuit

U.S. Department of Justice

U.S. Department of the Treasury

U.S. District Court for the District of Massachusetts

U.S. District Court for the District of Minnesota

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

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

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

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

U.S. Immigration and Customs Enforcement

U.S. Postal Service

U.S. Securities and Exchange Commission

U.S. Supreme Court