In the matter of Afterpay Limited [2021] NSWSC 1640

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Afterpay Limited [2021] NSWSC 1640 Hearing dates: 7 December 2021 Date of orders: 7 December 2021 Decision date: 14 December 2021 Jurisdiction: Equity - Corporations List Before: Black J Decision: Orders made in respect of distribution of supplementary documents to shareholders and adjournment of second Court hearing Catchwords: CORPORATIONS – Arrangements and reconstructions – Schemes of arrangement or compromise – Distribution of supplementary documents to shareholders – Amendment of proposed scheme to convert condition precedent to condition subsequent – Adjournment of second Court hearing. Legislation Cited: Corporations Act 2001 (Cth), ss 411, 411(6) Cases Cited: - Re Afterpay Limited [2021] NSWSC 1435 - Re Boart Longyear (No 2) (2017) 122 ASCR 437; [2017] NSWSC 1105 - Re Citect Corporation Limited (2006) 225 ALR 137; (2006) 56 ACSR 663; [2006] NSWSC 14 - Re Investa Listed Funds Management Limited as responsible entity for the Armstrong Jones Office Fund and Prime Credit Property Trust [2018] NSWSC 1369 - Re NRMA Insurance Ltd (2000) 33 ACSR 595; [2000] NSWSC 82 - Re Redflex Holdings Ltd (No 3) [2021] FCA 527 - Re Ross Human Directions Limited (No 2) [2010] FCA 1175 - Re Seven Network Ltd (No 2) (2010) 77 ACSR 587; [2010] FCA 355 - Re Wollongong Coal Limited and Jindal Steel & Coal Australia Pty Ltd [2020] NSWSC 73 Category: Consequential orders Parties: Afterpay Limited (Plaintiff) Representation: Counsel: I Jackman SC/B Ng (Plaintiff) J Williams SC (Acquirers)