In this paper Roman Tomasic and Brendan Pentony attempted to determine the real reasons for takeover litigation through a national series of interviews with those directly involved: lawyers, judges, company executives, regulators and bankers. The results showed that the decision to litigate had...

Prior to the establishment of the non-judicial Australian Takeovers Panel in 2001, takeover litigation before the courts rarely led to an appeal to a higher court; for commercial reasons, many cases were settled before a final judicial resolution was reached. Before the introduction of the...

The decision of the England and Wales Court of Appeal (Civil Division) dismissing the appeal by Northern Rock plc shareholders following the nationalization of Northern Rock and the subsequent compulsory acquisition of their shares is an important statement of the role of legal mechanisms in...