Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Black Range Minerals Limited, in the matter of Black Range Minerals Limited [2015] FCA 1162 Citation: Black Range Minerals Limited, in the matter of Black Range Minerals Limited [2015] FCA 1162
Parties: BLACK RANGE MINERALS LIMITED ACN 009 079 047
File number: WAD 327 of 2015
Judge: MCKERRACHER J
Date of judgment: 29 October 2015
Catchwords: CORPORATIONS – scheme of arrangement – application for approval of scheme of arrangement under s 411(4)(b) of the Corporations Act 2001 (Cth) (Act) – whether the class members have voted in good faith and not for an improper purpose – whether the proposed scheme is fair and reasonable so that an intelligent and honest person might approve it – whether the existence of terms of a credit facility might have the effect of coercing a shareholder to vote in the scheme or deter a competing bidder
Legislation: Corporations Act 2001 (Cth) ss 411, 411(11), 411(12)
Cases cited: Re Central Pacific Minerals NL [2002] FCA 239 Fowler v Lindholm (2009) 178 FCR 563 Re Peak Coal Ltd [2010] FCA 6 Re Seven Network Ltd (No 3) (2010) 267 ALR 583
Date of hearing: 4 September 2015
Place: Perth
Division: GENERAL DIVISION
Category: Catchwords
Number of paragraphs: 22
Counsel for the Plaintiff: Mr MJ Feutrill
Solicitor for the Plaintiff: Steinepreis Paganin
IN THE FEDERAL COURT OF AUSTRALIA WESTERN AUSTRALIA DISTRICT REGISTRY GENERAL DIVISION WAD 327 of 2015
IN THE MATTER OF BLACK RANGE MINERALS LIMITED ACN 009 079 047 BLACK RANGE MINERALS LIMITED ACN 009 079 047
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