In the matter of Templeton Global Growth Fund Limited [2021] NSWSC 1351

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Templeton Global Growth Fund Limited [2021] NSWSC 1351 Hearing dates: 19 October 2021 Date of orders: 19 October 2021 Decision date: 21 October 2021 Jurisdiction: Equity - Corporations List Before: Black J Decision: Orders made approving the 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 - Securities Act 1933 (US), s 3(a)(10) Cases Cited: - Re Alabama, New Orleans, Texas and Pacific Junction Railway Co [1891] 1 Ch 213 - Re Atlas Iron Ltd (No 2) [2016] FCA 481 - Re Aveo Group Ltd [2019] NSWSC 1679 - Re Boart Longyear Ltd (No 2) (2017) 122 ACSR 437; [2017] NSWSC 1105 - Re Central Pacific Minerals NL [2002] FCA 239 - Re Ellerston Global Investments Ltd [2020] NSWSC 1108 - Re iProperty Group Ltd (No 2) [2016] FCA 36, - Re NRMA Ltd (No 2) (2000) 156 FLR 412; (2000) 34 ACSR 261; [2000] NSWSC 408 - Re Permanent Trustee Co Ltd (2002) 43 ACSR 601; [2002] NSWSC 1177 - Re Redcape Property Fund Ltd and Trust Company (RE Services) Ltd (as the responsible entity for the Redcape Property Trust) [2012] NSWSC 486 - Re Seven Network (No 3) (2010) 77 ACSR 701; [2010] FCA 400 - Re Simavita Holdings Ltd [2013] FCA 1274 - Re Solution 6 Holdings Ltd (2004) 50 ACSR 113; [2004] FCA 1049 - Re Templeton Global Growth Fund Ltd [2021] NSWSC 1169 - Re TriAusMin Ltd (No 2) [2014] FCA 833 Category: Principal judgment Parties: Templeton Global Growth Fund Limited (Plaintiff) Representation: Counsel: J Williams SC (Plaintiff) O Jones (Acquirer)