In the matter of MSL Solutions Limited [2022] NSWSC 1783

Supreme Court New South Wales

Medium Neutral Citation: In the matter of MSL Solutions Limited [2022] NSWSC 1783 Hearing dates: 13 December 2022 Date of orders: 13 December 2022 Decision date: 23 December 2022 Jurisdiction: Equity - Corporations List Before: Black J Decision: Order convening scheme meeting and associated orders made. Catchwords: CORPORATIONS – Arrangements and reconstructions – Schemes of arrangement or compromise – Application under ss 411 and 1319 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 – Whether requirements to order scheme meeting are satisfied. Legislation Cited: - Corporations Act 2001 (Cth), ss 249R, 411, 1319 Cases Cited: - F T Eastment & Sons Pty Ltd v Metal Roof Decking Supplies Pty Ltd (1977) 3 ACLR 69 - Re BINGO Industries Ltd [2021] NSWSC 798 - Re Dulux Group Ltd [2019] FCA 961 - Re DWS Ltd [2020] FCA 1590 - Re Foster's Group Limited (No 2) [2011] VSC 547 - Re Foundation Healthcare Ltd (2002) 42 ACSR 252 - Re GBST Holdings Ltd [2019] NSWSC 1280 - Re Mainstream Group Holdings Ltd [2021] FCA 948 - Re MyDeal.com.au Ltd [2022] NSWSC 1094 - Re Permanent Trustee Co Ltd (2002) 43 ACSR 601 - Re RXP Services Ltd [2021] FCA 38 - Re Tassal Group Ltd [2022] NSWSC 1414 - Re Villa World Ltd [2019] NSWSC 1207 - Re Windlab Ltd [2020] NSWSC 571 Category: Principal judgment Parties: MSL Solutions Limited (Plaintiff) Representation: Counsel: M Oakes SC (Plaintiff) M Izzo SC (Acquirer)