Federal Court of Australia
Federal Court of Australia
Milton Corporation Limited, in the matter of Milton Corporation Limited (First Scheme Hearing) [2021] FCA 992 File number: NSD 714 of 2021
Judgment of: LEE J
Date of judgment: 5 August 2021
Catchwords: CORPORATIONS – scheme of arrangement – application under ss 411 and 1319 of the Corporations Act 2001 (Cth) for orders convening a meeting of members to consider and agree upon a proposed scheme of arrangement – proposed acquisition of shares in target company in exchange for consideration – application granted
Legislation: Corporations Act 2001 (Cth) ss 9, 411, 412, 1319 Corporations Regulations 2011 (Cth) Federal Court (Corporation) Rules 2000 (Cth)
Cases cited: Re Associated Advisory Practices Limited [2013] FCA 761 Re Foundation Healthcare Limited [2002] FCA 742; (2002) 42 ACSR 252
Division: General Division
Registry: New South Wales
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 16
Date of hearing: 5 August 2021
Counsel for the Plaintiff: Mr I Jackman SC with Mr R Jameson
Solicitor for the Plaintiff: Hamilton Locke
Counsel for the Proposed Acquirer: Mr N Hutley SC with Mr B Hancock
Solicitor for the Proposed Acquirer: Ashurst
ORDERS NSD 714 of 2021 IN THE MATTER OF MILTON CORPORATION LIMITED ACN 000 041 421 MILTON CORPORATION LIMITED ACN 000 041 421 Plaintiff
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