In the matter of 3P Learning Limited [2020] NSWSC 1573

Supreme Court New South Wales

Medium Neutral Citation: In the matter of 3P Learning Limited [2020] NSWSC 1573 Hearing dates: 20 October 2020 Date of orders: 20 October 2020 Decision date: 09 November 2020 Jurisdiction: Equity - Corporations List Before: Black J Decision: Orders made convening scheme meeting. Catchwords: CORPORATIONS – Arrangements and reconstructions – Schemes of arrangement or compromise – Application under s 411 of the Corporations Act 2001 (Cth) for orders convening meeting of members to consider and, if thought fit, approve a proposed scheme of arrangement – Whether requirements to order scheme meeting are satisfied. Legislation Cited: - Corporations Act 2001 (Cth), s 411 - Corporations (Coronavirus Economic Response) Determination (No 3) 2020 (Cth) - Supreme Court (Corporations) Rules 1999 (NSW) Cases Cited: - FT Eastment & Sons v Metal Roof Decking Supplies Pty Ltd (1977) 3 ACLR 69 - Re Andean Resources Ltd [2010] FCA 1190 - Re APN News & Media Ltd (2007) 62 ACSR 400 - Re Arthur Yates & Co Ltd (2001) 36 ACSR 758 - Re Aveo Group Limited and Aveo Funds Management Limited [2019] 1348 - Re Beadell Resources Ltd (2018) 133 ACSR 600 - Re Billabong International Limited [2018] FCA 106 - Re BIS Finance Pty Ltd [2017] NSWSC 1713 - Re Boart Longyear Ltd (2017) 121 ACSR 328 - Re Central Pacific Minerals NL [2002] FCA 239 - Re DuluxGroup (2019) ACSR 136 ACSR 546 - Re Ellerston Global Investments Ltd [2020] NSWSC 879 - Re Gerard Lighting [2012] FCA 941 - Re Investa Listed Funds Management Limited [2018] NSWSC 1766 - Re Intecq Limited [2016] NSWSC 1429 - Re KAZ Group Ltd [2004] FCA 738 - Re Macquarie Capital Alliance Ltd (2008) 67 ACSR 484 - Re OneVue Holdings Limited [2020] FCA 1321 - Re RHS Limited [2018] FCA 562 - Re SFE Corporation Ltd (2006) 59 ACSR 82 - Re Simavita Holdings Ltd [2013] FCA 1274 - Re Tempo Services Ltd (2005) 53 ACSR 523 - Re TPG Telecom Ltd [2020] NSWSC 772 - Re Veda Group [2015] FCA 1506 - Re Viralytics Limited [2018] FCA 637 - Re Webcentral Group Limited [2020] NSWSC 1279 Category: Principal judgment Parties: 3P Learning Pty Limited (Plaintiff) Representation: Counsel: Mr J Redwood SC (Plaintiff) Mr DFC Thomas SC (Bidders)