Realestate.com.au Ltd

Judgment date: 23/01/2001
Court: ATP
Judge: J Schultz (P), M Micalizzi (P) and F Roche (Member)
Citation: (2001) 19 ACLC 618; (2001) 37 ACSR 218; [2001] ATP 1; BC200109070;
Catchwords: Corporations;  Takeovers;  Unacceptable circumstances;  Defeating conditions;  

Corporations;  Takeovers;  Unacceptable circumstances;  Public announcement of intention to bid;  

Corporations;  Takeovers;  Bidder purported to make less favourable bid;  Effect of target's failure to correct forecasts;  

Corporations;  Takeovers;  Whether announcement of bid contained effective condition;  Whether announcement made recklessly;  

Corporations;  Takeovers;  Effect of announcement on market for target shares;  Whether bidder knew or should have known condition not fulfilled;  

Corporations;  Takeovers;  Effect of announcement on market for target shares;  Whether bidder knew or should have known condition not fulfilled;  

Corporations;  Takeovers;  Bidder purported to make less favourable bid;  Whether bidder to be required to make bid;  

Corporations;  Takeovers;  Public announcement of intention to bid;  Costs;