Alinta Ltd 01

Judgment date: 23/04/2006
Court: ATP
Judge: Stephen Creese, David Gonski (sitting President) and Teresa Handicott
Citation: [2006] ATP 15;
Catchwords: Corporations;  Takeovers;  Bright line test;  Chilling effect of uncertainty;  

Corporations;  Takeovers;  Competing offers;  Rival offers;  

Corporations;  Takeovers;  Consent;  Content of bidder's statement;  

Corporations;  Takeovers;  Control;  Corporate governance;  

Corporations;  Takeovers;  Declaration of unacceptable circumstances;  Conflicting Control Scenario;  

Corporations;  Takeovers;  Demerger;  Director's duties;  

Corporations;  Takeovers;  Disclosure in bidder's statement;  Efficient market;  

Corporations;  Takeovers;  Defeating conditions;  Non-waivable condition;  

Corporations;  Takeovers;  Dispute;  First mover;  

Corporations;  Takeovers;  Frustrating action;  Offerees inhibited;  

Corporations;  Takeovers;  Orders;  Final orders;  

Corporations;  Takeovers;  London Takeover Panel;  Pac Man defence;  

Corporations;  Takeovers;  Scrip offers;  Reasonable period to consider offers;  

Corporations;  Takeovers;  Probative material;  Undertaking;  

Corporations;  Takeovers;  Stalemate;  Voiding of transfer;  

Corporations;  Takeovers;  Termination Term;  Treasury shares;  

Corporations;  Takeovers;  Uncertainty;  Possible litigation;