There has long been debate about the use of schemes of arrangements to achieve takeovers. …There has been a
marked increase in the use of schemes to effect takeovers.”
Bryan Frith, “Lines Blurred on Schemes versus Takeover Offers”, The
Australian, 9 July 2010.
Explain why there has been debate about the use of schemes of arrangement to achieve a takeover
ofa company
underthe Corporations Act 2001 (Cth), and provide an analysis ofwhether you believe
that a marked increase in the use of schemes of
arrangement to effect takeovers is a good thing or
not.