In the matter of Tabcorp Holdings Limited [2022] NSWSC 448

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Tabcorp Holdings Limited [2022] NSWSC 448 Hearing dates: 30 March 2022 Date of orders: 30 March 2022 Decision date: 13 April 2022 Jurisdiction: Equity - Corporations List Before: Black J Decision: Order made convening scheme meeting in respect of demerger scheme and approving the scheme booklet for distribution to shareholders. 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, to agree to proposed scheme of arrangement to implement demerger – Whether requirements to order scheme meeting are satisfied. Legislation Cited: Corporations Act 2001 (Cth), ss 411, 1319 Cases Cited: - Re Afterpay Ltd [2021] NSWSC 1435 - Re Alchemia Ltd [2012] FCA 927 - Re Amcor Ltd (2000) 34 ACSR 199; [2000] VSC 157 - Re Ardent Leisure Ltd [2018] NSWSC 1665 - Re Ausnet Services Ltd [2022] NSWSC 21 - Re Australian Leisure and Entertainment Property Management Ltd [2021] NSWSC 1431 - Re BINGO Industries Ltd [2021] NSWSC 798 - Re Cassini Resources Ltd; Ex Parte Cassini Resources Ltd [2020] WASC 317 - Re Centro Retail Ltd [2011] NSWSC 1320 - Re Coca-Cola Amatil Ltd [2021] NSWSC 270 - Re CSR Ltd (2003) 45 ACSR 34; [2003] FCA 82 - Re Ellerston Global Investments Ltd [2020] NSWSC 879 - Re ERM Power Ltd [2019] NSWSC 1502 - Re ETRADE Australia Ltd (1999) 30 ACSR 516 - Re Foster's Group Ltd [2011] VSC 93 - Re Foster's Group Ltd (No 2) [2011] VSC 547 - Re Graincorp Ltd [2020] FCA 143 - Re Investa Listed Funds Management Ltd [2016] NSWSC 344 - Re National Australia Bank Ltd [2016] VSC 62 - Re Orica Ltd [2010] VSC 231 - Re Permanent Trustee Co Ltd (2002) 43 ACSR 601 - Re rhipe Ltd [2021] NSWSC 1170 - Re Staging Connections Group Ltd [2015] FCA 1012 - Re Straits Resources Ltd [2010] FCA 1467 - Re Sydney Airport Limited and the Trust Company (Sydney Airport) Limited as responsible entity for Sydney Airport Trust 1 [2022] NSWSC 25 - Re Texon Petroleum Ltd [2013] FCA 29 - Re TPG Telecom Ltd [2020] NSWSC 772 - Re Villa World Ltd [2019] NSWSC 1207 - Re Walsh & Company Investments Ltd [2020] NSWSC 1746 - Re Wesfarmers Ltd; Ex parte Wesfarmers Ltd [2018] WASC 308 - Re Westfield Corp Ltd [2018] NSWSC 584 Category: Principal judgment Parties: Tabcorp Holdings Limited (Plaintiff) Representation: Counsel: I M Jackman SC/T O'Brien (Plaintiff)