Little World Beverages Limited, in the matter of Little World Beverages Limited [2012] FCA 1057

FEDERAL COURT OF AUSTRALIA

Little World Beverages Limited, in the matter of Little World Beverages Limited [2012] FCA 1057 Citation: Little World Beverages Limited, in the matter of Little World Beverages Limited [2012] FCA 1057

Parties: LITTLE WORLD BEVERAGES LIMITED (ACN 081 128 225)

File number: WAD 173 of 2012

Judge: MCKERRACHER J

Date of judgment: 26 September 2012

Catchwords: CORPORATIONS – scheme of arrangement – application pursuant to s 411 of the Corporations Act 2001 (Cth) that company convene a meeting of members – consideration of exclusivity clause and deemed warranty and whether they were clearly disclosed in the scheme booklet

Legislation: Corporations Act 2001 (Cth) s 411(1), 411(2), 411(17)

Cases cited: Australian Securities Commission v Marlborough Gold Mines Ltd (1993) 177 CLR 485 Re ABB Grain Ltd [2010] FCA 1309 Re ACM Gold Ltd (1992) 34 FCR 530 Re Aldridge Uranium Ltd [2010] FCA 1263 Re APN News & Media Ltd (2007) 62 ACSR 400 Re Arthur Yates & Co Ltd (2001) 36 ACSR 758 Re Central Pacific Minerals NL [2002] FCA 239 Re Foundation Healthcare Ltd (2002) 42 ACSR 252 Re Hostworks Group Ltd (2008) 26 ACLC 137 Re Investa Properties Ltd (2007) 25 ACLC 1,186 Re Macquarie Private Capital A Ltd [2008] NSWSC 323 Re NRMA Ltd (No 1) (2000) 156 FLR 349 Re oOh!Media Group Ltd [2012] FCA 26 Re Peak Coal Ltd [2010] FCA 6 Re Sonodyne International Ltd (1994) 15 ACSR 494 Re Stockbridge Ltd (1993) 9 ACSR 637 Re Talent2 International Ltd [2012] FCA 771 Re United Minerals Corporation NL [2010] FCA 7 Re Victorian Grain Services Ltd (2000) 35 ACSR 198