In the matter of CSR Limited [2024] NSWSC 502

Supreme Court New South Wales

Medium Neutral Citation: In the matter of CSR Limited [2024] NSWSC 502 Hearing dates: 26 April 2024 Date of orders: 26 April 2024 Decision date: 02 May 2024 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: - Australian Securities & Investments Commission Act 2001 (Cth) s 30 - Corporations Act 2001 (Cth) ss 411, 1319 - Court Suppression and Non-Publication Orders Act 2010 (NSW) - Supreme Court (Corporations) Rules 1999 (NSW) r 3.4 Cases Cited: - Re Cashcard Australia Ltd (2004) 48 ACSR 738 - Re CSR Ltd (2010) 183 FCR 358 - 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 Great Mines Ltd [2004] ATP 101 - Re InvoCare Ltd [2023] NSWSC 1180 - Re Kidman Resources Ltd [2019] FCA 1226 - Re Link Administration Holdings Ltd [2024] NSWSC 331 - Re Villa World Ltd [2019] NSWSC 1207 Category: Principal judgment Parties: CSR Limited (Plaintiff) Representation: Counsel: D F C Thomas SC (Plaintiff) T E O'Brien (Bidder) M Bevins (ASIC – part hearing)