Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Signature Gold Ltd, in the matter of Signature Gold Ltd [2017] FCA 766 File number: NSD 888 of 2017
Judge: GLEESON J
Date of judgment: 21 June 2017
Date of publication of reasons: 7 July 2017
Catchwords: CORPORATIONS – scheme of arrangement – first court hearing – application under s 411 and s 1319 of the Corporations Act 2001 (Cth) for orders convening a meeting of members to consider proposed schemes of arrangement and for approval of the proposed schemes of arrangement – proposed acquisition by listed company in exchange for shares in acquiring company – expert report states that scheme is not fair but reasonable and in best interests of members – application granted
Legislation: Corporations Act 2001 (Cth) Corporations Regulations 2001 (Cth) Federal Court (Corporations) Rules 2000
Cases cited: AGL Energy Services (Queensland) Pty Ltd v AGL Energy Services Pty Ltd [2010] FCA 452 Amcom Telecommunications Limited, re Amcom Telecommunications Limited [2015] FCA 341 Australian Securities Commission v Marlborough Gold Mines Ltd [1993] HCA 15; (1993) 177 CLR 485 Brambles Industries Ltd, re Brambles Industries Ltd and the Corporations Act 2001 (Cth) [2006] FCA 1273; (2006) 59 ACSR 501 Central Pacific Minerals NL [2002] FCA 239 FT Eastment & Sons Pty Ltd v Metal Roof Decking Supplies Pty Ltd (1977) 3 ACLR 69 NRMA Limited (Application of); NRMA Insurance Limited (Application of) [2000] NSWSC 82; (2000) 156 FLR 349 Orion Telecommunications Ltd, re Orion Telecommunications Ltd [2007] FCA 1389 Permanent Trustee Company [2002] NSWSC 1177; (2002) 43 ACSR 601 Re Archaean Gold NL (1997) 23 ACSR 143 Re CSR Ltd [2010] FCAFC 34; (2010) 183 FCR 358 Re DUET Finance Ltd [2017] NSWSC 415 Rural Press Ltd, re Rural Press Ltd [2007] FCA 314; (2007) 61 ACSR 373 Damian T and Rich A, Schemes, Takeovers and Himalayan Peaks (3rd ed, Ross Parsons Centre of Commercial, Corporate and Taxation Law, 2013) Santamaria JG and Renard IR, Takeovers and Reconstructions in Australia (LexisNexis, subscription service)
We try to embed the page this law was scraped from. If the site blocks framing, you still get the link and a local excerpt.
Last checked with source on —
Checking whether the official page can be embedded…
Plain-English simplify of this law: a short summary, key points, and both sides of the argument. Generated on first view via Replicate, then cached. Vote on what helps your study.
No study brief is cached for this law yet. Sign up to generate a plain-English brief.
Sign up to generate