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Taipan Resources NL (No 9)
Judgment date: 12/04/2001
Court: ATP
Judge: I Ramsey (President), D Byrne (DP) and T Rowe (Member)
Citation:
(2001) 38 ACSR 111;
[2001] ATP 4;
BC200109066;
Catchwords: Corporations; Takeovers; Unacceptable circumstances; Prior primary acquisition;
Corporations; Takeovers; Whether share acquisitions contravened 20% threshold; Circumstances occurred more than two months before application;
Corporations; Takeovers; Whether Panel should allow proceedings; Effect of overlap with court proceedings;
Corporations; Takeovers; Whether share acquisitions contravened 20% threshold; Whether contravention of 20% threshold unacceptable;
Corporations; Takeovers; Orders to rectify breach by vesting shares and requiring sale; Unfair prejudice;
Corporations; Takeovers; Disposal of bid class securities during bid; Unfair prejudice;