In the matter of Origin Energy Limited [2023] NSWSC 1246

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Origin Energy Limited [2023] NSWSC 1246 Hearing dates: 18 October 2023 Date of orders: 18 October 2023 Decision date: 24 October 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 s 411 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 260A, 411, 1319 - Supreme Court Corporations Rules 1999 (NSW), rr 3.2, 3.4 Cases Cited: - Australian Securities Commission 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 Abacus Funds Management Ltd (2006) 24 ACLC 211; [2005] NSWSC 1309 - Re Associated Advisory Practices Limited [2013] FCA 761 - Re Australian Leisure and Entertainment Property Management Ltd [2021] NSWSC 1421 - Re Cashcard Australia Ltd (2004) 48 ACSR 738 - Re Centrebet International Ltd [2011] FCA 870 - Re Citadel Group Ltd (2020) 148 ACSR 598; [2020] FCA 1580 - Re CSR Ltd (2010) 183 FCR 358; [2010] FCAFC 34 - Re DWS Ltd [2020] FCA 1590 - Re ELMO Software Pty Ltd [2023] NSWSC 12 - Re Foster's Group Ltd (No 2) [2011] VSC 547 - Re Foundation Healthcare Ltd (2002) 42 ACSR 252; [2002] FCA 742 - Re InvoCare Ltd [2023] NSWSC 1180 - Re Isentia Group Ltd [2021] NSWSC 910 - Re Kidman Resources Ltd [2019] FCA 1226 - Re Kyckr Ltd [2022] NSWSC 1316 - Re Nzuri Copper Ltd (No 4) [2020] WASC 10 - Re Oz Minerals Ltd [2023] FCA 197 - Re Pendal Group Ltd (No 2) [2022] NSWSC 1648 - Re Permanent Trustee Co Ltd (2002) 43 ACSR 601 - Re RXP Services Ltd [2021] FCA 38 - Re SAI Global Ltd [2016] FCA 1312 - Re Sirtex Medical Ltd [2018] FCA 1315 - Re Spark Infrastructure RE Ltd (2021) 156 ACSR 257 - Re Sydney Airport Ltd and Trust Co (Sydney Airport) Ltd as responsible entity for Sydney Airport Trust 1 [2022] NSWSC 25 - Re Tatts Group Ltd [2017] VSC 552 - Re Templeton Global Growth Fund Ltd [2021] NSWSC 1169 - Re Trust Company (Re Services) Ltd as responsible entity of the VitalHarvest Freehold Trust [2021] NSWSC 108 - Re Uniti Group Ltd (2022) 160 ACSR 602; [2022] FCA 671 - Re Villa World Ltd [2019] NSWSC 1207 Category: Principal judgment Parties: Origin Energy Limited (Plaintiff) MidOcean Reef BidCo Pty Ltd (Bidder) Representation: Counsel: J Williams SC (Plaintiff) N Bender SC (Bidder)