In the matter of Intersnack Mid Co Pty Ltd (No 2) [2024] NSWSC 9

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Intersnack Mid Co Pty Ltd (No 2) [2024] NSWSC 9 Hearing dates: 15 December 2023, 9 January 2024 Date of orders: 9 January 2024 Decision date: 22 January 2024 Jurisdiction: Equity - Corporations List Before: Black J Decision: Orders made approving schemes 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 schemes of arrangement – Where formal requirements satisfied – Whether schemes of arrangement should be approved. Legislation Cited: - Corporations Act 2001 (Cth), ss 411, 413 - Fair Work Act 2009 (Cth) Cases Cited: - Barrick (Australia Pacific Exploration) Pty Ltd v Barrick (PD) Australia Pty Ltd, in the matter of Barrick (Australia Pacific Exploration) Pty Ltd (No 2) [2017] FCA 1076 - Bombardier Transportation Australia Pty Ltd v Alstom Transport Australia Pty Ltd (No 2) [2022] FCA 880 - Re Amcor Ltd (No 2) [2019] FCA 842 - Re Ellerston Global Investments Ltd [2020] NSWSC 1108 - Re Intersnack Mid Co Pty Ltd [2023] NSWSC 1549 - Re Seven Network Ltd (No 3) (2010) 267 ALR 583; [2010] FCA 400 - Re Staging Connections Group Ltd (No 2) [2015] FCA 1102 Category: Principal judgment Parties: Intersnack Mid Co Pty Ltd and others as named in the Schedule of the Originating Process (Plaintiffs) Snack Foods Pty Ltd (First Defendant) Intersnack ANZ Pty Ltd (Second Defendant) Representation: Counsel: S Scott (Plaintiffs)