RAP Group Plc v C & E Commissioners

Ch D [2000] STC 980

A development of the BLP case, the case involved the RAP Group Plc (RAP) in a share-for-share takeover. The High Court directed the commissioners to view what the individual costs were that were incurred in the takeover. Effectively, the commissioners were not allowed to take the blanket approach that they did in the BLP case.