Podcast Location:
Sorry, this podcast has been removed as it is now out of date
Categories:
Company Law
CPD Points:
Up to 1 point. details »

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Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
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Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • a) £65+VAT for this CPDcast only
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Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This podcast aims to look at 4 principle areas taking examples from recent deals and current market practices.: the key drivers influencing the choice between a takeover by scheme of arrangement or a contractual offer, whether the scheme of arrangement is actually a more costly procedure, under what circumstances a scheme will still be appropriate assuming cost is a neutral factor and whether there are any disadvantages in opting for a scheme of arrangement

Outcomes:
After completing the course you will:
  • Understand the key factors that distinguish schemes from contractual bids;
  • Understand what how these factors influence different bidders in different ways;
  • Understand the criticisms of schemes on grounds of costs and procedural weaknesses and whether those criticisms hold water;
  • Be aware of the other factors that will weigh in favour of a scheme of arrangement - assuming cost is a neutral factor;
  • Be aware of the potential disadvantages of opting for a scheme of arrangement.
Level:
Specialist Difficulty: 5 of 5
Classification:
Case Update
Practical Guide
Procedural
Sources and References:
  • There are no relevant citations for this podcast.
Tags:

This podcast is the first in a two-part CPDcast mini series on takeovers bids and the factors influencing the choice between a scheme of arrangement or a contractual bid in achieving desired outcome to the transaction.

This course has now been removed from the site. It is no longer suitable for CPD purposes as it contains information that is out of date or incorrect. For a list of our latest CPDcasts, please visit the library.

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