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Bigshop.com.au Ltd 02
Judgment date: 2/11/2001
Court: ATP
Judge: Austin J (President), S Mordant (DP) and K Wood
Citation:
[2001] ATP 24;
BC200109025;
Catchwords: Corporations; Takeovers; Unacceptable circumstances; Allegation of frustrating action;
Corporations; Takeovers; Unacceptable circumstances; Review of Panel decision;
Corporations; Takeovers; Proposed placement of shares; Implementation of placement without shareholder approval;
Corporations; Takeovers; Allegation of frustrating action; Breach of bid's defeating condition;
Corporations; Takeovers; Bidder's conditions; Bidder's conditions not unusual;
Corporations; Takeovers; Market conditions; Uncertainty in market;
Corporations; Takeovers; Caretaker directors; Directors' conduct;
Corporations; Takeovers; Control; Meaning of control;