Federal Court of Australia
Federal Court of Australia
A-Cap Energy Limited, in the matter of A-Cap Energy Limited [2023] FCA 1142 File number: WAD 187 of 2023
Judgment of: FEUTRILL J
Date of judgment: 15 September 2023
Date of publication of reasons: 22 September 2023
Catchwords: CORPORATIONS – Scheme of arrangement – order sought under s 411(1) of the Corporations Act 2001 (Cth) - whether scheme fit for consideration – whether disclosure of directors' interest adequate
Legislation: Corporations Act 2001 (Cth) ss 9, 249Y(3), 411,411(1), 411(2), 411(2)(a), 411(2)(b), 411(4)(a), 411(4)(b), 411(6), 412(1), 412(1)(a), 623, 1319, Ptt 2G.2, 5.1 Federal Court (Corporations) Rules 2000 (Cth) rr 1.3, 2.15, 2.4(1), 3.2, 3.3(2), 3.4, Federal Court Rules 2011 (Cth) r 1.34 Corporations Regulations 2001 (Cth) regs 5.1.01, 5.1.01(1), 5.1.01(1)(b), 8301(a), 8302, 8302(b); Ch 6; Sch 8, Ptt 2, 3, 6A.2
Cases cited: Aberfoyle Ltd v Western Metals Ltd [1998] FCA 744; (1998) 84 FCR 113 Ampolex Ltd v Mobil Exploration & Producing Australia Pty Ltd [1996] FCA 220; (1996) 65 FCR 503 Anatolia Energy Limited, in the matter of Anatolia Energy Limited [2015] FCA 1134 Asaleo Care Limited, in the matter of Asaleo Care Limited [2021] FCA 406 Atlassian Corporation Pty Limited, in the matter of Atlassian Corporation Pty Limited [2013] FCA 1451 Amcor Limited, in the matter of Amcor Limited [2019] FCA 346 Chesser Resources Limited, in the matter of Chesser Resources Limited [2023] FCA 1021 DuluxGroup Ltd, in the matter of DuluxGroup Ltd [2019] FCA 961; (2019) 136 ACSR 546 Excelsior Gold Limited, in the matter of Excelsior Gold Limited [2018] FCA 2064 Gantry Acquisition Corporation v Parker & Parsley Petroleum Australia Pty Ltd [1994] FCA 465; (1994) 51 FCR 554 Invictus Gold Limited, in the matter of Invictus Gold Limited [2013] FCA 1132 Japara Healthcare Limited, in the matter of Japara Healthcare Limited [2021] FCA 1150; (2021) 156 ACSR 695 Kidman Resources Ltd, in the matter of Kidman Resources Ltd [2019] FCA 1226; (2019) 375 ALR 760 Re Niagara Mining Limited [2002] FCA 1651; (2002) 132 FCR 266 Re Cashcard Australia Ltd [2004] FCA 223; [2004] 48 ACSR 738 Re CSR Ltd [2010] FCAFC 34; (2010) 183 FCR 358 Re Fosters Group Ltd (No 2) [2011] VSC 547 Re NRMA Ltd (No 1) [2000] NSWSC 82; (2000) 156 FLR 349 Re Opes Prime Stockbroking Ltd [2009] FCA 813; (2009) 179 FCR 20 Sagasco Amadeus Pty Ltd v Magellan Petroleum Australia Ltd [1993] HCA 14; (1993) 177 CLR 508 Security Matters Limited, in the matter of Security Matters Limited [2023] FCA 19 Sovereign Life Assurance Co (In Liquidation) v Dodd [1892] 2 QB 573 Tawana Resources NL, in the matter of Tawana Resources NL [2018] FCA 1456
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