Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
SAI Global Limited; In the Matter of SAI Global Limited [2016] FCA 1312 File number: NSD 1776 of 2016
Judge: FOSTER J
Date of Judgment: 1 November 2016
Date of Orders: 1 November 2016
Date of Publication of Reasons: 8 November 2016
Catchwords: CORPORATIONS – whether, pursuant to s 411(1) of the Corporations Act 2001 (Cth), the Court should order that a meeting of the shareholders of the plaintiff be convened for the purpose of considering a scheme of arrangement propounded by the plaintiff whereby all of the issued capital of the plaintiff is to be acquired by a bidder and certain rights under the plaintiff's executive incentive scheme are to be converted into shares in the plaintiff or lapse
Legislation: Corporations Act 2001 (Cth), s 411, Pt 5 Corporations Regulations 2001 (Cth) Foreign Acquisitions and Takeovers Act 1975 (Cth)
Cases cited: FT Eastment & Sons Pty Ltd v Metal Roof Decking Supplies Pty Ltd (1977) 3 ACLR 69 Idameneo (No 123) Pty Ltd v Symbion Health Limited (2007) 165 FCR 19 Re Abacus Funds Management Ltd (2006) 24 ACLC 211 Re Adelaide Bank Ltd [2007] FCA 1582 Re APN News & Media Ltd (2007) 62 ACSR 400 Re Arthur Yates & Co Ltd (2001) 36 ACSR 758 Re Aston Resources Ltd [2012] FCA 229 Re Bolnisi Gold NL (No 2) (2007) 165 FCR 45 Re Central Pacific Minerals NL [2002] FCA 239 Re Centrebet International Ltd [2011] FCA 870 Re CSR Ltd (2010) 183 FCR 358 Re Foster's Group Ltd (No 2) [2011] VSC 547 Re Hills Motorway Ltd (2002) 43 ACSR 101 Re Macquarie Private Capital A Ltd (2008) 26 ACLC 366 Re SFE Corporation Ltd (2006) 59 ACSR 82
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