Austral Coal Ltd 02 (RR)

Judgment date: 27/10/2005
Court: ATP
Judge: Ms K Farrell (P), Mr P Scott (DP) and Mr D Byrne
Citation: (2005) 23 ACLC 1797; [2005] ATP 20; BC200509892;
Catchwords: Corporations;  Takeovers;  Unacceptable circumstances;  Disclosure;  

Corporations;  Takeovers;  Cash settled equity swaps;  Hedged swaps;  

Corporations;  Takeovers;  Efficient, competitive and informed market;  Substantial interest;  

Corporations;  Takeovers;  Substantial holding;  Substantial holding notice;  

Corporations;  Takeovers;  Disclosure of actual intentions;  Effect on control;  

Corporations;  Takeovers;  Disclosure of actual intentions;  Effect on acquisition of substantial interest;  

Corporations;  Takeovers;  Economic incentive;  Disposal of hedge shares;  

Corporations;  Takeovers;  Combined holding;  Power to control disposal;  

Corporations;  Takeovers;  Differences contract;  Association;  

Corporations;  Takeovers;  Relevant agreement;  Acting in concert;  

Corporations;  Takeovers;  Hedging;  Equity derivatives;  

Corporations;  Takeovers;  Substantial shareholder;  Undisclosed substantial parcels;  

Corporations;  Takeovers;  Remedial and protective orders;  Unfair prejudice;  

Corporations;  Takeovers;  Adverse effect on market;  De facto power;  

Corporations;  Takeovers;  Swaps;  Cash settled swaps;  

Corporations;  Takeovers;  Shares;  Hedge shares;  

Corporations;  Takeovers;  ISDA Master Agreement;  Confirmation;