In the matter of QANTM Intellectual Property Limited [2024] NSWSC 809

Supreme Court New South Wales

Medium Neutral Citation: In the matter of QANTM Intellectual Property Limited [2024] NSWSC 809 Hearing dates: 24 June 2024 Date of orders: 24 June 2024 Decision date: 28 June 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: - Corporations Act 2001 (Cth), ss 110D-110E, 411, 1319 - Supreme Court (Corporations) Rules 1999 (NSW), r 3.2-3.4 Cases Cited: - Re Altium Ltd [2024] NSWSC 736 - Re Ansararda Group Ltd [2024] NSWSC 411 - Re Arthur Yates & Co Ltd (2001) 36 ACSR 758; [2001] NSWSC 40 - Re Aveo Group Ltd and Aveo Funds Management Ltd [2019] NSWSC 1348 - Re BINGO Industries Ltd [2021] NSWSC 798 - Re DWS Ltd [2020] FCA 1590 - Re ELMO Software Pty Ltd [2023] NSWSC 12 - Re Healthia Ltd [2023] NSWSC 1296 - Re Hills Motorway Ltd (2002) 43 ACSR 1010 at 104; [2002] FCA 973 - Re Intega Group Ltd [2021] NSWSC 1434 - Re InvoCare Ltd [2023] NSWSC 1180 - Re Isentia Group Ltd [2021] NSWSC 910 - Re - Kidman Resources Ltd [2019] FCA 1226 - Re McGrath Ltd [2024] NSWSC 555 - Re Millenium Services Group Ltd [2024] NSWSC 307 - Re Origin Energy Ltd [2023] NSWSC 1246 - Re Pendal Group Ltd [2022] NSWSC 1648 - Re Tatts Group Ltd [2017] VSC 552 - Re TPG Telecom Ltd [2020] NSWSC 772 - Re Villa World Ltd [2019] NSWSC 1207 Category: Principal judgment Parties: QANTM Intellectual Property Limited (Plaintiff) Representation: Counsel: J J Hutton SC/T E O'Brien (Plaintiff) T Wong SC (Bidders)