In the matter of Link Administration Holdings Limited [2024] NSWSC 331

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Link Administration Holdings Limited [2024] NSWSC 331 Hearing dates: 21 March 2024 Date of orders: 21 March 2024 Decision date: 28 March 2024 Jurisdiction: Equity - Corporations List Before: Black J Decision: Order made convening scheme meeting and approving the scheme booklet for distribution to shareholders. 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 110D-110E, 411, 1319 - Supreme Court (Corporations) Rules 1999 (NSW) Cases Cited: - Re Cashcard Australia Ltd (2004) 48 ACSR 738; [2004] FCA 223 - Re DWS Ltd (2020) 148 ACSR 616; [2020] FCA 1590 - Re Foster's Group Ltd (No 2) [2011] VSC 547 - Re ELMO Software Pty Ltd [2023] NSWSC 12 - Re InvoCare Ltd [2023] NSWSC 1180 - Re Kangaroo Resources Ltd [2018] WASC 327 - Re Kidman Resources Ltd (2019) 139 ACSR 122; [2019] FCA 1226 - Re Pendal Group Ltd (No 3) [2023] NSWSC 14 - Re Villa World Ltd (2019) 139 ACSR 550; [2019] NSWSC 1207 Texts Cited: - T Damien & A Rich, Schemes, Takeovers and Himalayan Peaks (4th ed, 2021) Category: Principal judgment Parties: Link Administration Holdings Limited (Plaintiff) Representation: Counsel: D F C Thomas SC (Plaintiff) I Ahmed SC (Bidder)