Mercedes-Benz Financial Services Australia Pty Limited v Daimler Truck Financial Services Australia Pty Limited, in the matter of Mercedes-Benz Financial Services Australia Pty Limited (No 2) [2021] FCA 1410

Federal Court of Australia

Mercedes-Benz Financial Services Australia Pty Limited v Daimler Truck Financial Services Australia Pty Limited, in the matter of Mercedes-Benz Financial Services Australia Pty Limited (No 2) [2021] FCA 1410 File number: NSD 1029 of 2021

Judgment of: MCKERRACHER J

Date of judgment: 1 November 2021

Date of publication of reasons: 15 November 2021

Catchwords: CORPORATIONS – scheme of arrangement – second court hearing – application for approval – scheme approved

Legislation: Corporations Act 2001 (Cth) ss 411(1), 411(4)(a)(ii), 411(4)(b), 411(6), 411(10), 411(17), 411(17)(b), 412(6), 413, 413(1), 413(1)(a), 413(1)(g), 413(2), 1322 Federal Court of Australia Act 1976 (Cth) s 37AF Federal Court (Corporations) Rules 2000 (Cth) r 3.5

Cases cited: Mercedes-Benz Financial Services Australia Pty Limited v Daimler Truck Financial Services Australia Pty Limited, in the matter of Mercedes-Benz Financial Services Australia Pty Limited [2021] FCA 1279 Re Anaconda Nickel Holdings Pty Ltd [2003] WASC 19; (2003) 44 ACSR 229 Re Central Pacific Minerals NL [2002] FCA 239 Re Konekt Ltd (No 3) [2019] FCA 2105 Re Permanent Trustee Co Ltd [2002] NSWSC 1177 Re Seven Network Ltd (No 3) [2010] FCA 400; (2010) 267 ALR 583 Re Solution 6 Holdings Ltd [2004] FCA 1049 Re Staging Connections Group Ltd (No 2) [2015] FCA 1102 SGIC Insurance Ltd v Insurance Australia Ltd [2004] FCA 1638 Woolworths Group Ltd v Pinnacle Liquor Group Pty Ltd (No 2) [2019] FCA 2182