Hostworks Group Limited ACN 008 010 820, in the matter of Hostworks Group Limited ACN 008 010 820 [2008] FCA 64

FEDERAL COURT OF AUSTRALIA

Hostworks Group Limited ACN 008 010 820, in the matter of Hostworks Group Limited ACN 008 010 820 [2008] FCA 64 CORPORATIONS LAW – Corporations Act 2001 (Cth) – corporations – Scheme of Arrangement – application for order under s 411(1) that company convene meeting of members to consider proposed scheme of arrangement – consideration of performance risk – "no stop" and "no talk provisions" – "break fee" clause – deemed warranty Corporations Act 2001 (Cth) s 411(1),(2),(3),(4)(d), s 411(3A), s 411(3)(b), s 411(17)(a), s 411(17)(b) Corporation Regulations 2001 (Cth) Reg 5.1.01(1), 8.3.03 Re Sonodyne International Limited (1994) 15 ACSR 494 cited FT Eastment & Sons Pty Ltd v Metal Roof Decking Supplies Pty Ltd (1977) 3 ACLR 69 cited Australian Securities Commission v Marlborough Goldmines Ltd (1993) 177 CLR 485 referred to Re NRMA Ltd (2000) 33 ACSR 595 referred to Re Central Pacific Minerals NL [2002] FCA 239 referred to Re CSR Ltd (2003) 45 ACSR 34 referred to/discussed Re Adelaide Bank Limited [2007] FCA 1582 referred to Re Mincom Ltd (No 3) (2007) 25 ACLC 207 referred to/discussed Re APN News & Media Ltd (2007) 62 ACSR 400 referred to/discussed/followed Re Promentum Limited [2007] FCA 446 referred to IOR Friendly Society Ltd v IOR Group Ltd (2007) FCA 970 referred to Re CCI Holdings Limited [2007] FCA 832 referred to Re Gloucester Coal Ltd [2007] FCA 1017 referred to Re Coles Group Ltd [2007] VSC 389 discussed/referred to Re Mincom Ltd (2007) 61 ACSR 266 discussed Re Arthur Yates and Co Ltd (2001) 36 ACSR 758 discussed Bolnisi Gold NL in the matter of Bolnisi Gold NL (No 2) [2007] FCA 2078 discussed Orion Telecommunications Ltd [2007] FCA 1389 referred to Sovereign Life Assurance Co v Dodd [1892] 2 QB 573 referred to HOSTWORKS GROUP LIMITED (ACN 008 010 820) SAD 180 OF 2007