BP Plc is studying a fourfold expansion of the $5 billion Tangguh liquefied natural-gas plant in Indonesia as the region’s economic growth surges and Japan raises imports following its nuclear disaster.
Sullivan & Cromwell LLP represented Bayer AG in its agreement to buy Merck & Co.’s consumer unit for $14.2 billion. Fried Frank Harris Shriver & Jacobson LLP and Morgan Lewis & Bockius LLP acted as legal counsel to Merck.
The U.S. Court of Appeals in New Orleans penned a second important opinion this week in the completed reorganization of Scotia Pacific Co. and affiliate Pacific Lumber Co. , telling purchasers of bankrupt companies that they may end up paying more than they bargained.
Bristol-Myers Squibb Co. received legal advice from Kirkland & Ellis LLP on its plan to quit the diabetes-treatment business by selling its stake in a venture to partner AstraZeneca Plc for as much as $4.3 billion.
Metro-Goldwyn-Mayer Inc . and about 160 affiliates filed a prepackaged Chapter 11 petition yesterday in New York. The producer and distributor of movies and television programming said it “anticipates” having the previously negotiated reorganization plan approved in a confirmation order “in approximately 30 days.”
Garrett Bauer stood in a New York University lecture hall and warned 150 students not to emulate him. The day trader recounted illegally making millions of dollars over 17 years using corporate merger tips stolen by an attorney.
Michael D. Petty, the former vice president of development and regulatory law at Amgen Inc., has joined King & Spalding LLP’s FDA and life sciences practice. He will be a pharmaceutical regulatory partner in the firm’s Washington office.
Egypt, a natural-gas exporter to markets from China to Chile, is set to become an importer for the first time just as the new government needs energy shipments to revive an economy weakened by civil unrest.