Corporate and M&A

Contact: Tony Stumm, Carter Newell (Queensland, Australia)

This newsletter reviews the recent decision of the Full Court of the Federal Court of Australia on the court’s adjudication as to whether ‘unacceptable conduct’ occurred regarding the acquisition of timeshares in an unlisted public company called The President’s Club Limited (TPC). TPC operated a timeshare scheme at the Hyatt Coolum, now known as the Palmer Coolum Resort. A full report can be found citing the reference Queensland North Australia Pty Ltd v Takeovers Panel [2015] FCAFC 68.

To read the full article click here or visit www.carternewell.com