In the matter of ELMO Software Pty Ltd [2023] NSWSC 12

Supreme Court New South Wales

Medium Neutral Citation: In the matter of ELMO Software Pty Ltd [2023] NSWSC 12 Hearing dates: 16 December 2022 Date of orders: 16 December 2022 Decision date: 23 January 2023 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: - Australian Securities Commissions v Marlborough Gold Mines Ltd (1993) 177 CLR 485 - F T Eastment & Sons Pty Ltd v Metal Roof Decking Supplies Pty Ltd (1977) 3 ACLR 69 - Re Adelaide Bank Limited [2007] FCA 1582 - Re Afterpay Ltd [2021] NSWSC 1435 - Re APN News & Media Ltd (2007) 62 ACSR 400 - Re Ardent Leisure Ltd [2018] NSWSC 1665 - Re Aveo Group Ltd and Aveo Funds Management Ltd [2019] NSWSC 1348 - Re BIS Finance Pty Ltd [2017] NSWSC 1713 - Re Cashcard Australia Ltd (2004) 48 ACSR 738 - Re CSR Ltd (2010) 183 FCR 358 - Re DUET Finance Ltd [2017] NSWSC 415 - Re DUET Management Company I Ltd [2013] NSWSC 817 - Re DWS Ltd (2020) 148 ACSR 616; [2020] FCA 1590 - Re Foster's Group Ltd (No 2) [2011] VSC 547 - Re Foundation Healthcare Ltd (2002) 42 ACSR 252 - Re HIH Casualty and General Insurance Ltd (2006) 200 FLR 243 - Re iSelect Ltd [2022] FCA 1329 - Re Macquarie Private Capital A Limited (2008) 26 ACLC 366; [2008] NSWSC 323 - Re Navitas Ltd [2019] WASC 180 - Re Pendal Group Ltd (No 2) [2022] NSWSC 1648 - Re Permanent Trustee Company Ltd (2002) 43 ACSR 601 - Re QMS Media Ltd [2019] FCA 2172 - Re rhipe Ltd [2021] NSWSC 1170 - Re Signature Gold Ltd [2017] FCA 766 - Re Simativa Holdings Ltd [2013] FCA 1274 - Re Skilled Group Ltd (No 1) (2015) 113 ACSR 525; [2015] VSC 789 - Re Spark Infrastructure RE Ltd (2021) 156 ACSR 257 - Re Staging Connections Group Ltd [2015] FCA 1012 - Re Sundance Energy Australia Ltd [2019] FCA 1944 - Re Tassal Group Ltd [2022] NSWSC 1414 - Re TPG Telecom Ltd [2020] NSWSC 772 - Re Uniti Group Ltd (2022) 160 ACSR 602; [2022] FCA 671 - Re Veda Group Ltd [2015] FCA 1506 - Re Viralytics Ltd [2018] FCA 637 - Re Vocus Group Ltd [2021] NSWSC 630 - Re Walsh & Company Investments Ltd [2020] NSWSC 1746 - Re Westfield Corporation Ltd [2018] NSWSC 584 - Re Wiggins Island Coal Export Terminal Pty Ltd [2018] NSWSC 1342 - Re Zenith Energy Ltd [2020] WASC 266 Category: Principal judgment Parties: ELMO Software Ltd (Plaintiff) Representation: Counsel: M Izzo SC/E Bathurst (Plaintiff) J Williams SC (Acquirer)