Federal Court of Australia
Federal Court of Australia
ISPT Pty Ltd, in the matter of ISPT Pty Ltd [2024] FCA 1305 File number: VID 1007 of 2024
Judgment of: BEACH J
Date of judgment: 11 November 2024
Catchwords: CORPORATIONS – members' scheme of arrangement – first court hearing – order sought under s 411(1) of the Corporations Act 2001 (Cth) – scheme consideration – the question of voting classes – the quantum of the reimbursement and reverse reimbursement fees – the length of the exclusivity period – the relevance of the condition subsequent – orders made
Legislation: Corporations Act 2001 (Cth) ss 411, 412, 1319
Cases cited: Re Amcor Ltd [2019] FCA 346 Re Healthscope Ltd (2019) 139 ACSR 608 Re Isentia Group Limited [2021] NSWSC 910 Re NRMA Insurance Ltd (2000) 33 ACSR 595 Re Opes Prime Stockbroking Ltd (No 2) (2009) 179 FCR 20 Re Vita Group Ltd (2023) 165 ACSR 576
Division: General Division
Registry: Victoria
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 122
Date of hearing: 11 November 2024
Counsel for the Plaintiff: Mr P D Crutchfield KC and Ms K A Brazenor
Solicitor for the Plaintiff: Gilbert + Tobin
Counsel for IFM Investors Pty Ltd Mr B K Holmes
Solicitor for IFM Investors Pty Ltd Herbert Smith Freehills
ORDERS VID 1007 of 2024 IN THE MATTER OF ISPT PTY LTD ISPT PTY LTD (ACN 064 041 283) Plaintiff
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