In the matter of WPP AUNZ Limited [2021] NSWSC 520

Supreme Court New South Wales

Medium Neutral Citation: In the matter of WPP AUNZ Limited [2021] NSWSC 520 Hearing dates: 23 April 2021 Date of orders: 23 April 2021 Decision date: 12 May 2021 Jurisdiction: Equity - Corporations List Before: Black J Decision: Orders made approving scheme of arrangement. Catchwords: CORPORATIONS – Arrangements and reconstructions – Schemes of arrangement or compromise – Application under s 411 of the Corporations Act 2001 (Cth) for orders approving scheme of arrangement – Where formal requirements satisfied – Whether scheme of arrangement should be approved. Legislation Cited: - Corporations Act 2001 (Cth), s 411 Cases Cited: - Re Amcor Limited (No 2) [2019] FCA 842 - Re Anaconda Nickel Holdings Pty Ltd (2003) 44 ACSR 229; [2003] WASC 19 - Re Atlas Iron Ltd (No 2) [2016] FCA 481 - Re Aveo Group Ltd and Aveo Funds Management Ltd [2019] NSWSC 1679 - Re Central Pacific Minerals NL [2002] FCA 239 - Re Coca-Cola Amatil Limited [2021] NSWSC 489 - Re David Jones Ltd (No 3) [2014] FCA 753 - Re Equinox Resources Ltd (2004) 49 ACSR 692; [2004] WASC 143 - Re GBST Holdings Ltd [2019] NSWSC 1503 - Re NRMA Ltd (No 2) (2000) 156 FLR 412; [2000] NSWSC 408 - Re Permanent Trustee Co (2002) 43 ACSR 601; [2002] NSWSC 1177 - Re Prime Infrastructure Holdings Ltd [2010] NSWSC 1337 - Re Redcape Property Fund Ltd and Trust Company (RE Services) Ltd (as the responsible entity for the Redcape Property Trust) [2012] NSWSC 486 - Re Saracen Mineral Holdings Ltd [No 2] [2021] WASC 32 - Re Seven Network Ltd (2010) 77 ACSR 701; [2010] FCA 400 - Re Solution 6 Holdings Ltd (2004) 50 ACSR 113; [2004] FCA 1049 - Re Texon Petroleum Ltd (No 2) [2013] FCA 147 Category: Principal judgment Parties: WPP AUNZ Ltd (Plaintiff) Representation: Counsel: I Jackman SC (Plaintiff) J Giles SC (Acquirer)