Anzoil NL 01

[2002] ATP 19 (Takeovers Panel)

Takeovers Panel

Built by Barristers,
For Australian Law.

1. Contravention of section 606 - share sale agreement - breach by ancillary provision in agreement - cancellation of agreement - voting control through best endeavours clause - creation of voting block - meaning of “acting or proposing to act in concert” - declaration of unacceptable circumstances - unfair prejudice
1. Corporations Act 2001 (Cth), sections 12(2), 606(4), 608(1), 657A and 657D(1)
1. Bank of Western Australia v Ocean Trawlers Pty Ltd (1995) 16 ACSR 501
1. Elders IXL Ltd v NCSC [1987] VR 1

Citation[2002] ATP 19

CourtTakeovers Panel

JurisdictionCommonwealth

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