In the matter of Millennium Services Group Limited (No 2) [2024] NSWSC 528

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Millennium Services Group Limited (No 2) [2024] NSWSC 528 Hearing dates: 22 April 2024 Date of orders: 22 April 2024 Decision date: 03 May 2024 Jurisdiction: Equity - Corporations List Before: Black J Decision: Orders made approving a scheme 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 scheme of arrangement – Where formal requirements satisfied – Whether scheme of arrangement should be approved. Legislation Cited: Corporations Act 2001 (Cth) ss 411, 1322 Cases Cited: - Re Amcor Ltd (No 2) [2019] FCA 842 - Re Anaconda Nickel Holdings Pty Ltd (2003) 44 ACSR 229 - Re Ardent Leisure Ltd; Ardent Leisure Management Ltd in its capacity as the responsible entity of the Ardent Leisure Trust (No 2) [2018] NSWSC 1990 - Re Central Pacific Minerals NL [2002] FCA 239 - Re Ellerston Global Investments Ltd [2020] NSWSC 1108 - Re InvoCare Ltd (No 2) [2023] NSWSC 1350 - Re Millennium Services Group Ltd [2024] NSWSC 307 - Re Quantum Health Group Ltd (No 2) [2022] NSWSC 74 - Re Seven Network Ltd (No 3) (2010) 267 ALR 583; [2010] FCA 400 - Re Staging Connections Group Ltd (No 2) [2015] FCA 1102 - Re Vimy Resources Ltd [No 2] [2022] WASC 257 - Re Wesfarmers Ltd; Ex parte Wesfarmers Ltd [No 2] [2018] WASC 357 Category: Principal judgment Parties: Millennium Services Group Limited (Plaintiff) Representation: Counsel: S Scott (Plaintiff) T E O'Brien (Bidder)