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Phosphate Resources Ltd
Judgment date: 3/04/2003
Court: ATP
Judge: M McDonald (President), C Photakis (DP) and A Knox
Citation:
[2003] ACL Rep 120 FC 41;
[2003] ATP 3;
BC200301780;
Catchwords: Corporations; Takeovers; Unacceptable circumstances; Buy-back and proposed one-for-three rights issue;
Corporations; Takeovers; Rights issue; Rights issue following buyback;
Corporations; Takeovers; Rights issue; Underwriting of rights issue;
Corporations; Takeovers; Unacceptable circumstances; Use of exemptions to confer control;
Corporations; Takeovers; Shareholders; Shareholder approval for rights issue;
Corporations; Takeovers; Transferring control without control premium; Undertaking to panel;