Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Kasbah Resources Limited, in the matter of Kasbah Resources Limited [2016] FCA 1311 File number: WAD 430 of 2016
Judge: MCKERRACHER J
Date of judgment: 29 November 2016
Catchwords: CORPORATIONS – scheme of arrangement – whether corporation should be restrained from holding scheme meeting authorised by the Court to occur in the immediate future – whether significant non-disclosure in the scheme booklet – whether change in mineral price materially affects accuracy of valuation of company – injunctions refused
Legislation: Corporations Act 2001 (Cth) s 1319
Cases cited: Re Chevron (Sydney) Ltd [1963] VR 249 Cleary v Australian Co-operative Foods Ltd (No 3) (1999) 32 ACSR 701 Opus Prime Stockbroking Limited (2009) 179 FCR 20 Stratford Sun Limited v OM Holdings Limited; In the Matter of OM Holdings Limited [2011] FCA 414 Re United Medical Protection Ltd [2007] FCA 631
Takeovers and Reconstructions in Australia (LexisNexis, September 2016)
Date of hearing: 22 November 2016
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