Securities and capital markets

Truth in takeovers: market participants should prepare for a more rigorous approach
The Takeovers Panel will have new powers to deal with misleading or deceptive conduct in relation to Takeovers Code-regulated transactions when the new provisions in the Takeovers Act and Rule 64 of the Takeovers Code come into force on 29 February. In this article partner Glenn Joblin and solicitor Tony Dunn review the new provisions and highlight what can be expected from the Takeovers Panel in light of its recent policy announcements on the new law.

Bell Gully responds to the latest Takeovers Panel's reform proposals for Schemes of Arrangement and Amalgamations involving Code Companies
In this article we outline the proposals put forward by the Takeovers Panel in its latest consultation paper on "Schemes of Arrangement and Amalgamations involving Code Companies" and explain why Bell Gully has advised against the addition of further protections.

Final changes arising from Securities Legislation Bill in force on 29 February
Regular readers of Commercial Quarterly will already be aware that the last of the changes made by the 2006 Securities Legislation Bill come into effect on 29 February. In this note we provide you with a brief outline of the final key components of the Government's securities reform package which are now in place.

Enquiries and information

For more information on any of the cases, articles and features in Commercial Quarterly, please email Diane Graham or call her on 64 9 916 8849.