In the matter of Tassal Group Limited (No 2) [2022] NSWSC 1619

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Tassal Group Limited (No 2) [2022] NSWSC 1619 Hearing dates: 8 November 2022 Date of orders: 8 November 2022 Decision date: 28 November 2022 Jurisdiction: Equity - Corporations List Before: Black J Decision: Orders made approving a 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 – Transfer of assets within internal reconstruction of corporate group. 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 Aventus Holdings Limited and Aventus Capital Limited as responsible entity of the Aventus Retail Property Fund [2022] NSWSC 266 - 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 Coca-Cola Amatil Ltd [2021] NSWSC 489 - Re Equinox Resources Ltd (2004) 41 ACSR 692 - Re GBST Holdings Ltd [2019] NSWSC 1503 - Re NRMA Ltd (No 2) (2000) 156 FLR 412 - Re Prime Infrastructure Holdings Ltd [2010] NSWSC 1337 - 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 (2010) 77 ACSR 701; [2010] FCA 400 - Re Tassal Group Ltd [2022] NSWSC 1414 Category: Principal judgment Parties: Tassal Group Limited (Plaintiff) Representation: Counsel: J Williams SC (Plaintiff) D Thomas SC (Acquirer)