In the matter of Estia Health Limited [2023] NSWSC 1256

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Estia Health Limited [2023] NSWSC 1256 Hearing dates: 11 October 2023 Date of orders: 11 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 411, 1319 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 CSR Ltd (2010) 183 FCR 358; [2010] FCAFC 34 - Re DWS Ltd [2020] FCA 1590 - Re ELMO Software Pty Ltd [2023] NSWSC 12 - Re Foundation Healthcare Ltd (2002) 42 ACSR 252; [2002] FCA 742 - Re Intega Group Ltd [2021] NSWSC 1434 - Re InvoCare Ltd [2023] NSWSC 1180 - Re Kidman Resources Ltd [2019] FCA 1226 - Re Kyckr Ltd [2022] NSWSC 1316 - Re Pendal Group Ltd (No 2) [2022] NSWSC 1648 - Re Permanent Trustee Co Ltd (2002) 43 ACSR 601 - Re PropTech Group Ltd [2022] FCA 1606 - Re Spark Infrastructure RE Ltd (2021) 156 ACSR 257 - Re Sydney Airport Ltd and The Trust Company (Sydney Airport) Ltd as responsible entity for Sydney Airport Trust 1 [2022] NSWSC 25 - Re Villa World Ltd [2019] NSWSC 1207 Category: Principal judgment Parties: Estia Health Limited (Plaintiff) Firebird BidCo Pty Ltd (Bidder) Representation: Counsel: M Izzo SC (Plaintiff) J Williams SC (Bidder)