The
Takeover Panel has published its annual report for the year ending March 2019: see
here (
pdf). The report notes a higher number of hostile offers being launched than in previous years and an increase in the number of cases featuring an interplay between the
Takeover Code and the insolvency regime. The report notes, as well, the end of the case that saw it, for the first time, seek an order under
section 955 ("Enforcement by the court") of the
Companies Act 2006 (about which, see
[2017] CSOH 156 and
[2018] CSIH 30).
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