In the matter of Silver Lake Resources Limited (No 2) [2024] NSWSC 737

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Silver Lake Resources Limited (No 2) [2024] NSWSC 737 Hearing dates: 6 June 2024 Date of orders: 6 June 2024 Decision date: 18 June 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, 1319 - Securities Act 1933 (US) s 3(a)(10) Cases Cited: - Re Anaconda Nickel Holdings Pty Ltd (2003) 44 ACSR 229; [2003] WASC 19 - Re Central Pacific Minerals NL [2002] FCA 239 - Re GBST Holdings Ltd [2019] NSWSC 1503 - Re InvoCare Ltd (No 2) [2023] NSWSC 1350 - Re Permanent Trustee Co Ltd (2002) 43 ACSR 601; [2002] NSWSC 1177 - Re Seven Network (No 3) (2010) 267 ALR 583; [2010] FCA 400 - Re Signature Capital Investments Ltd (No 2) [2016] FCA 385 - Re Silver Lake Resources Ltd [2024] NSWSC 631 - Re Solution 6 Holdings Ltd (2004) 50 ACSR 113; [2004] FCA 1049 Category: Principal judgment Parties: Silver Lake Resources Limited (Plaintiff) Representation: Counsel: M Izzo SC (Plaintiff) T E O'Brien (Bidder)