Rusina Mining NL, in the matter of Rusina Mining [2010] FCA 517

FEDERAL COURT OF AUSTRALIA

Rusina Mining NL, in the matter of Rusina Mining [2010] FCA 517 Citation: Rusina Mining NL, in the matter of Rusina Mining NL [2010] FCA 517

Parties: RUSINA MINING NL ACN 009 242 451

File number: WAD 79 of 2010

Judge: BARKER J

Date of judgment: 30 April 2010

Catchwords: CORPORATIONS – application pursuant to s 411 Corporations Act 2001 (Cth) for orders convening meeting of shareholders to approve scheme of arrangement and approving explanatory statement – role of the Court – role of 'commercial morality' – disclosure – break fees

Legislation: Corporations Act 2001 (Cth) s 9, s 411(1), s 411(2), s 411(2)(a), s 411(2)(b), s412(1)(a), s 412(6), s 412(8), s 636 Federal Court (Corporations) Rules 2000 (Cth)

Cases cited: Re ACM Gold Ltd and Mt Leyshon Gold Mines Ltd (1992) 34 FCR 530 Re APN News & Media Ltd (2007) 62 ACSR 400; [2007] FCA 770 Re Arthur Yates & Co Ltd (2001) 36 ACSR 758; [2001] NSWSC 40 Re Bolnisi Gold NL (No 2) (2007) 65 ACSR 510; [2007] FCA 2078 Re Brambles Industries Ltd (2006) 59 ACSR 501; [2006] FCA 1273 Re Central Pacific Minerals NL [2002] FCA 239 Re Crown Diamonds NL (2003) 54 ACSR 46; [2005] WASC 93 Re CSR Ltd [2010] FCAFC 34 Re Hawk Insurance Co Ltd [2002] BCC 300 Re International Gold Fields (2003) 21 ACLC 1199 Re Mincom Ltd (No 3) (2007) 64 ACSR 387; [2007] QSC 207 Re National Can Industries Ltd (No 1) (2003) 48 ACSR 409; [2003] ATP 40 Re NRMA Insurance Ltd (No 1) (2000) 156 FLR 349; [2000] NSWSC 82 Re Seven Network Ltd [2010] FCA 220 Re Stockbridge Ltd (1993) 9 ACSR 637 Re Warwick Resources Ltd [2009] FCA 1231