For the purposes of the Takeover Panel, a party could trigger the provision which applied on obtaining more than 30% of the share capital of a target company, where his shareholding, together with that of a party with whom he was acting in concert exceeded that limit. The provisions were activated if it could be shown that there was an understanding with another shareholder as to the exercise of voting rights.
Citations:
Times 10-Aug-2000, Times 21-Sep-2000
Jurisdiction:
England and Wales
Citing:
Appealed to – Philip Morris Products Inc and Another v Rothmans International Enterprises Limited and Another CA 4-Jul-2001
One tobacco company licensed another to distribute and sell its products in the UK. When control of the licensee changed, the licensor sought to revoke the licence. The licensee appealed against a refusal of an injunction to maintain the licence. . .
Cited by:
Appeal from – Philip Morris Products Inc and Another v Rothmans International Enterprises Limited and Another CA 4-Jul-2001
One tobacco company licensed another to distribute and sell its products in the UK. When control of the licensee changed, the licensor sought to revoke the licence. The licensee appealed against a refusal of an injunction to maintain the licence. . .
Lists of cited by and citing cases may be incomplete.
Company
Updated: 09 April 2022; Ref: scu.84706
