Federal Court of Australia
Federal Court of Australia
Huon Aquaculture Group Limited, in the matter of Huon Aquaculture Group Limited [2021] FCA 1170 File number(s): VID 512 of 2021
Judgment of: O'CALLAGHAN J
Date of judgment: 22 September 2021
Catchwords: CORPORATIONS – scheme of arrangement – first court hearing – orders sought under s 411(1) of the Corporations Act 2001 (Cth) for convening of meeting – where two alternative schemes proposed – where tax benefit arises for director shareholder under one proposed scheme – votes tagged for identification – where ASIC's letter of intention proposes different voting classes – differential tax treatment not a relevant benefit – shareholders to vote in a single class – orders made
Legislation: Corporations Act 2001 (Cth) ss 411(1), 411(2)
Cases cited: First Pacific Advisors LLC v Boart Longyear Ltd (2017) 121 ACSR 136; [2017] NSWCA 116 Re CSR Ltd (2010) 183 FCR 358 Re ERM Power Limited [2019] NSWSC 1502 Re Foundation Healthcare Ltd (2002) 42 ACSR 252; [2002] FCA 742 Re GBST Holdings Limited [2019] NSWSC 1280 Re Kidman Resources Limited [2019] FCA 1226; (2019) 375 ALR 760 Re Legend Corporation Limited [2019] FCA 1249 Re Opes Prime Stockbroking Ltd (No 2) (2009) 179 FCR 20 Re SMS Management & Technology Ltd [2017] VSC 257 Re T & N Ltd [2007] 1 All ER 851 Re Villa World Limited [2019] NSWSC 1207; (2019) 139 ACSR 550 Sovereign Life Assurance Co v Dodd [1892] 2 QB 573
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