Business Services Industry
Patrick and Toll: battle of the lawyers.
Australasian Business Intelligence, April, 2006
Byline: Matt Drummond
Apr 20, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Toll Holdings' seven-month battle for control of Patrick Corporation was characterised by a number of legal disputes. During the proceedings, Toll was represented by Clayton Utz, whereas Patrick retained a broad artillery of legal power in its effort to fend off the $A6 billion takeover. The target's CEO, Chris Corrigan, handpicked Andrew Clarke, of Allens Arthur Robinson, along with John Kench, of Johnson, Winter & Slattery and Arnold Bloch Leibler partner, Leon Zwier. Zwier claims the three partners were able to work together "brilliantly", without engaging in point-scoring efforts. Patrick company secretary, William Hara, says the move actually kept costs down, as...
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