Federal Court of Australia
Federal Court of Australia
Palladium Group Holdings Pty Ltd, in the matter of Palladium Group Holdings Pty Ltd (No 2) [2020] FCA 1268 File number: NSD 792 of 2020
Judgment of: FARRELL J
Date of judgment: 2 September 2020
Catchwords: CORPORATIONS – members' scheme of arrangement – application under s 411(4)(b) of the Corporations Act 2001 (Cth) – application to approve members' scheme of arrangement to recapitalise and restructure proprietary company – application granted
Legislation: Corporations Act 2001 (Cth) ss 113, 411 Securities Act of 1933 (US) s 3
Cases cited: Central Pacific Minerals NL [2002] FCA 239 Palladium Group Holdings Pty Ltd, in the matter of Palladium Group Holdings Pty Ltd [2020] FCA 1123 Permanent Trustee Company Limited [2002] NSWSC 1177; (2002) 43 ACSR 601 Seven Network Limited (ACN 052 816 789), in the matter of Seven Network Limited (No 3) [2010] FCA 400; (2010) 77 ACSR 701 Solution 6 Holdings Limited ACN 003 264 006, in the matter of Solution 6 Holdings Limited ACN 003 264 006 [2004] FCA 1049; (2004) 50 ACSR 113
Division: General Division
Registry: New South Wales
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 15
Date of hearing: 2 September 2020
Counsel for the plaintiff Mr M Oakes SC
Solicitor for the plaintiff Thomson Geer
ORDERS NSD 792 of 2020 IN THE MATTER OF PALLADIUM GROUP HOLDINGS PTY LTD ACN 140 654 075 PALLADIUM GROUP HOLDINGS PTY LTD ACN 140 654 075 Plaintiff
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