Federal Court of Australia
Federal Court of Australia
Citadel Group Limited, in the matter of Citadel Group Limited [2020] FCA 1580 File number(s): VID 683 of 2020
Judgment of: BEACH J
Date of judgment: 29 October 2020
Date of publication of reasons: 30 October 2020
Catchwords: CORPORATIONS – members' scheme of arrangement – first court hearing – order sought under s 411(1) of the Corporations Act 2001 (Cth) –performance risk – break fee – exclusivity arrangements – employee incentive arrangements – exercise of discretion – order made for convening of meeting
Legislation: Corporations Act 2001 (Cth) ss 254T, 260A, 411, 412 and 602 Corporations (Coronavirus Economic Response) Determination (No.3) 2020 (Cth) Corporations Regulations 2001 (Cth) reg 5.1.01 and Sch 8 Federal Court (Corporations) Rules 2000 (Cth) rr 2.15 and 3.4; form 6
Cases cited: Re Amcor [2019] FCA 346 Re Foundation Healthcare Ltd (2002) 42 ACSR 252 Re Healthscope (2019) 139 ACSR 608 Re Legend Corporation Limited [2019] FCA 1249 Re Skilled (2015) 113 ACSR 525
Division: General Division
Registry: Victoria
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 89
Date of hearing: 29 October 2020
Counsel for the Plaintiff Mr PD Crutchfield QC with Mr B Holmes
Solicitor for the Plaintiff Gadens
Counsel for the Intervener: Mr M Oakes SC
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