Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Straits Resources Limited, in the matter of Straits Resources Limited [2010] FCA 1466 Citation: Straits Resources Limited, in the matter of Straits Resources Limited [2010] FCA 1466
Parties: STRAITS RESOURCES LIMITED (ACN 056 601 417)
File number(s): NSD 1653 of 2010
Judge: JACOBSON J
Date of judgment: 20 December 2010
Catchwords: CORPORATIONS – scheme of arrangement – first court hearing for two schemes of arrangement - demerger scheme of arrangement and acquisition scheme of arrangement – convertible notes – conversion and voting agreements – whether separate class of shareholders
Legislation: Corporations Act 2001 (Cth) s 411 Securities Act 1933 (US) s 3(a)(10)
Cases cited: F.T. Eastment & Sons Pty Limited v Metal Roof Decking Supplies Pty Limited (1977) 3 ACLR 69 cited CCI Holdings Limited [2007] FCA 832 followed MAC Services Group Limited [2010] NSWSC 1316 referred to Sovereign Life Assurance Co v Dodd [1892] 2 QB 573 cited Re Central Pacific Minerals NL [2002] FCA 239 cited Re CSR Limited (2010) 77 ACSR 592 cited Re ETRADE Australia Limited (1999) 30 ACSR 516 referred to Re Hills Motorway Limited (2003) 43 ACSR 101 followed Re Mosaic Oil NL [2010] FCA 985 referred to Re Orica Limited [2010] VSC 231 cited Re People Telecom Limited [2009] FCA 180 referred to Re Seven Network Limited (No 3) (2010) 267 ALR 583 referred to Re Telewest Communications Plc [2004] EWCH 924 (CH) referred to Re Wattyl Limited [2010] FCA 854 cited Straits Resources Limited, in the matter of Straits Resources Limited [2010] FCA 1467 referred to
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