Careers Australia Group Limited 03R

Introduction

  1. The President of the Panel, Vickki McFadden, declined to consent to a review application being made in response to the initial Panel declining to conduct proceedings in Careers Australia Group Limited 03 [2015] ATP 1.
  2. In these reasons, the following definitions apply.
    Applicants
    Jiggi Investments Pty Ltd ATF Company Executive Superannuation Fund, Wayburn Holdings Pty Ltd, Vernon and Jillaine Wills ATF the Wills Family Super Fund, Vernon Wills and Jillai

Careers Australia Group Limited 03

Introduction

  1. The Panel, John M Green, Francesca Lee and Laurie Shervington (sitting President), declined to conduct proceedings on an application by Wayburn Holdings Pty Ltd and others. The essence of the application is that, in relation to a bid that closed in July 2013, Cirrus and two of its nominee directors made statements in the bidder’s statement and target’s statement which presented a negative view of the prospects of Careers Australia Group Limited when they reasonably ought to have known otherwise.
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