Sherwin Iron Ltd

Judgment date: 3/07/2014
Court: ATP
Judge: Geoff Brunsdon (sitting President), Mark Darras and James Dickson
Citation: [2014] ATP 12; BC201407948;
Catchwords: Corporations;  Takeovers;  Unacceptable circumstances;  Decline to commence proceedings;  

Corporations;  Takeovers;  Unacceptable circumstances;  Dispersion strategy;  

Corporations;  Takeovers;  Unacceptable circumstances;  Effect on control;  

Corporations;  Takeovers;  Unacceptable circumstances;  Funding arrangements;  

Corporations;  Takeovers;  Unacceptable circumstances;  Need for funds;  

Corporations;  Takeovers;  Unacceptable circumstances;  No likely orders;  

Corporations;  Takeovers;  Unacceptable circumstances;  Rights issue;  

Corporations;  Takeovers;  Unacceptable circumstances;  Share purchase plan;  

Corporations;  Takeovers;  Unacceptable circumstances;  Shortfall discretion;  

Corporations;  Takeovers;  Unacceptable circumstances;  Directors' duties;  

Corporations;  Takeovers;  Unacceptable circumstances;  Caretaker directors;