Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Texon Petroleum Limited, in the matter of Texon Petroleum Limited [2013] FCA 29 Citation: Texon Petroleum Limited, in the matter of Texon Petroleum Limited [2013] FCA 29
Parties: TEXON PETROLEUM LIMITED (ABN 24 119 737 772)
File number(s): NSD 2228 of 2012 NSD 2230 of 2012
Judge: FARRELL J
Date of judgment: 31 January 2013
Catchwords: CORPORATIONS – schemes of arrangement – content of explanatory statement – need for balanced disclosure – break fees – consequences of "no" vote
Legislation: Corporations Act 2001 (Cth) ss 411, 412, 256C, Pt 5.1, Pt 2G.2 Federal Court (Corporations) Rules 2000, rr 3.3 and 3.4
Cases cited: Re Advance Bank Australia Limited (1997) 22 ACSR 513 Australian Securities Commission v Marlborough Gold Mines Limited (1993) 177 CLR 485 Re Central Pacific Minerals NL [2002] FCA 239 Re CSR Ltd (2010) 183 FCR 358 Re Foundation Healthcare Ltd (2002) 42 ACSR 252 FT Eastment & Sons Pty Ltd v Metal Roof Decking Supplies Pty Ltd (1977) 3 ACLR 69 Re Hills Motorway Ltd (2002) 43 ACSR 101 Re Hunter Resources Limited (1992) 34 FCR 418 In re Alabama, New Orleans, Texas and Pacific Junction Railway Company [1891] 1 Ch 213 Re Permanent Trustee Co Ltd (2002) 43 ACSR 601 Sovereign Life Assurance Company v Dodd [1892] 2 QB 573 Re Rural Press Ltd (2007) 61 ACSR 373 Straits Resources Limited, in the matter of Straits Resources Limited [2010] FCA 1466
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