“The Takeover Panel has moved a step closer to drastically overhauling its code as it seeks to remove the ‘tactical advantage’ for hostile bidders targeting UK companies.”
The Independent, 22nd March 2011
from the Inner Temple Library
“An alliance of media groups opposed to News Corporation’s takeover of BSkyB, including BT and the publishers of the Daily Mail, Daily Telegraph and Guardian, are considering seeking a judicial review of the government’s approval of the deal on Thursday.”
The Guardian, 3rd March 2011
“In deciding whether or not the recommendation of the Competition Commission that a proposed merger should be prevented as contrary to the public interest, the Competition Appeal Tribunal was not required to exercise a greater intensity of judicial review than would be applied on a normal judicial review application. S 120(4) of the Competition Act 1998 required the appeal tribunal to apply the same principles as would be applied by a court on an application for judicial review. It would fly in the face of the section’s words if the tribunal, as a hyper-competent specialised tribunal, were required to undertake a more intensive review.”
WLR Daily, 21st January 2010
Please note that once a case has been fully reported in one of the ICLR series the corresponding WLR Daily summary is removed.