Federal Court of Australia
Federal Court of Australia
PayGroup Limited, in the matter of PayGroup Limited (No 2) [2022] FCA 1350 File number(s): VID 463 of 2022
Judgment of: O'CALLAGHAN J
Date of judgment: 8 November 2022
Date of publication of reasons: 11 November 2022
Catchwords: CORPORATIONS – scheme of arrangement – second court hearing – orders sought under ss 411(4)(b) and 411(6) of the Corporations Act 2001 (Cth) for approval of scheme – orders sought under s 411(12) for exemption from compliance with s 411(11) – orders made
Legislation: Corporations Act 2001 (Cth) ss 411(4)(b), 411(6), 411(11), 411(12), 411(17)(b), 1322, 1322(4)(a), 1322(4)(d)
Cases cited: Re Alabama, New Orleans, Texas and Pacific Junction Railway Company [1891] 1 Ch 213 Re PayGroup Ltd [2022] FCA 1026 Re ResApp Health Ltd [2022] NSWSC 1014 Re Seven Network Limited (No 3) [2010] FCA 400; (2010) 267 ALR 583 Re Vimy Resources Ltd (No 2) [2022] WASC 257
Division: General Division
Registry: Victoria
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 36
Date of hearing: 8 November 2022
Counsel for the Plaintiff: Mr CT Möller SC with Mr MB Peckham
Solicitor for the Plaintiff: K&L Gates
Counsel for the Interested Parties: Mr B Holmes
Solicitor for the Interested Parties: Gadens Lawyers
ORDERS VID 463 of 2022 IN THE MATTER OF PAYGROUP LIMITED PAYGROUP LIMITED Plaintiff
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