Acting President Appoints Sitting Panel in Liquorland Application

The Panel announced today that the acting President of the Panel, Mrs. Nerolie Withnall, has appointed a sitting Panel for the application by Liquorland (Australia) P/L in relation to its bid for Australian Liquor Group Ltd (ALQ). Liquorland has applied for an interim order restraining the payment by it of the bid consideration and for a declaration of unacceptable circumstances and final orders. Liquorland has made the application initially to put the payments on hold until the Panel has determined its application for a declaration and final orders.