In the matter of Kyckr Limited (No 2) [2022] NSWSC 1562

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Kyckr Limited (No 2) [2022] NSWSC 1562 Hearing dates: 25 October 2022 Date of orders: 25 October 2022 Decision date: 16 November 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 Anaconda Nickel Holdings Pty Ltd (2003) 44 ACSR 229 - Re Atlas Iron Ltd (No 2) [2016] FCA 481 - Re Aveo Group Ltd [2019] NSWSC 1679 - Re Central Pacific Minerals NL [2002] FCA 239 - Re Centro Properties Ltd (2011) 86 ACSR 584; [2011] NSWSC 1465 - Re David Jones Ltd (No 3) [2014] FCA 753 - Re Equinox Resources Ltd (2004) 49 ACSR 692 - Re Kyckr Ltd [2022] NSWSC 1316 - 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 Ltd (1010) 77 ACSR 701; [2010] FCA 400 Category: Principal judgment Parties: Kyckr Limited (Plaintiff) Representation: Counsel: J Williams SC (Plaintiff) Dr R P Austin (Bidder)