In the matter of MyDeal.com.au Limited [2022] NSWSC 1317

Supreme Court New South Wales

Medium Neutral Citation: In the matter of MyDeal.com.au Limited [2022] NSWSC 1317 Hearing dates: 13 September 2022 Date of orders: 13 September 2022 Decision date: 28 September 2022 Jurisdiction: Equity - Corporations List Before: Black J Decision: Scheme of arrangement approved. 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 Ltd (No 2) [2019] FCA 842 - Re Crown Resorts Ltd (No 2) [2022] FCA 710 - Re Dragontail Systems Ltd (No 2) [2021] FCA 1109 - Re MAC Services Group Ltd [2010] NSWSC 1474 - Re Matine Ltd (1998) 28 ACSR 268 - Re MyDeal.com.au Ltd [2022] NSWSC 1094 - Re Old Mutual plc [2018] EWHC 1875 (Ch) - Re Permanent Trustee Company Ltd (2002) 43 ACSR 601; [2002] NSWSC 1177 - Re ResApp Health Ltd [2022] NSWSC 1014 - Re Stellar Diamonds plc [2018] EWHC 1152 (Ch) - Re Tabcorp Holdings Ltd (No 2) [2022] NSWSC 725 - Re TriAusMin Ltd (No 2) [2014] FCA 833 - Re Vault Intelligence Ltd (No 2) [2020] FCA 1504 - Re Walsh & Company Investments Ltd [2020] NSWSC 1746 - Re Webcentral Group Ltd [2020] NSWSC 1279 - Re Wellcom Group Ltd (No 2) [2019] FCA 1872 Category: Principal judgment Parties: MyDeal.com.au Limited (Plaintiff) Representation: Counsel: Dr R Austin/B May (Plaintiff) T L Wong SC (Bidder)