Cobra Resources Limited [2003] ATP 23 (Takeovers Panel) — Content Of Bidder’s Statement — Barrister AI
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Cobra Resources Limited
[2003] ATP 23 (Takeovers Panel)
Takeovers Panel
Good law / bad law (paid plan)
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Interrogate
Catchwords
Announcement of takeover bid - content of bidder’s statement - disclosure requirements - lodgment and dispatch of bidder’s statement - failure to obtain qualified legal advice - numerous contraventions of Chapter 6 - uncertainty of bid - misleading announcements to the market - confused market - bidder restrained without ASIC approval
Corporations Act 2001 (Cth), sections 602(a) and (b), 635, 636, 637 and 671B
Case Details
Citation
[2003] ATP 23
Court
Takeovers Panel
Jurisdiction
Commonwealth
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