sentences:  Following the "Datafin" case, such decisions are now amenable to judicial review by courts.In the later case of "R v Panel on Takeovers and Mergers, ex parte Guinness plc", the judicial authority of the Panel was tested further in respect of the manner in which it handles investigations into breaches of the City Code on Takeovers and Mergers.In this case, the Panel refused to adjourn the appellant's hearing which related to its takeover of Distillers Co plc, in undisclosed concert with a Swiss bank, for which the Court of Appeal held that less there was any real injustice caused by the Panel's procedure, it would take exceptional circumstances for the court to intervene (particularly in the event, as was the case, that the appellant had not made use of the appeals tribunal existing within the realms of the Panel).