... allowthem and when and how they might use them.II LEGAL AND REGULATORY FRAMEWORK1 Legal and Regulatory Framework in the UKTakeovers of public companies in the UK are subject to regulation by the law relating ... recent overview, from a supportivestandpoint, see M Lipton and P Rowe, ‘Pills, Polls and Professors: A Reply to Professor Gilson’ NewYork University Center for Law and Business, Working Paper #CLB-01-006, ... Gérard Hertig, Klaus J Hopt, Hideki Kanda and Edward B Rock (eds), The Anatomy ofCorporate Law: A Comparative and Functional Approach (forthcoming); PO Mülbert and M Birke,‘In Defence of Passivity’...