In the matter of Altium Limited (No 2) [2024] NSWSC 935

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Altium Limited (No 2) [2024] NSWSC 935 Hearing dates: 18 July 2024 Date of orders: 18 July 2024 Decision date: 31 July 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) s 411 Cases Cited: - Re Altium Ltd [2024] NSWSC 736 - Re Amcor Ltd (No 2) [2019] FCA 842 - Re Anaconda Nickel Holdings Pty Ltd (2003) 44 - ACSR 229; [2003] WASC 19 - Re Atlas Iron Ltd (No 2) [2016] FCA 481 - Re Bellamy's Australia Ltd [2019] NSWSC 1889 - Re Central Pacific Minerals NL [2002] FCA 239 - Re Coca-Cola Amatil Ltd [2021] NSWSC 489 - Re Ellerston Global Investments Ltd [2020] NSWSC 1108 - Re GBST Holdings Ltd [2019] NSWSC 1503 - Re Investa Listed Funds Management Ltd [2016] NSWSC 344 - Re InvoCare Ltd (No 2) [2023] NSWSC 1350 - Re Pendal Group Ltd (No 3) [2023] NSWSC 14 - Re Permanent Trustee Co Ltd (2002) 43 ACSR 601; [2002] NSWSC 1177 - Re Redcape Property Fund Ltd and the Trust Company (RE Services) Ltd (as the responsible entity for the Redcape Property Trust) [2012] NSWSC 486 at [7] - Re ResApp Health Ltd [2022] NSWSC 1353 - Re Seven Network (No 3) (2010) 267 ALR 583; [2010] FCA 400 - Re Signature Capital Investments Ltd (No 2) [2016] FCA - Re Solution 6 Holdings Ltd (2004) 50 ACSR 113; [2004] FCA 1049 - Re Walsh and Company Investments Ltd [2020] NSWSC 1746 Category: Principal judgment Parties: Altium Limited (Plaintiff) Representation: Counsel: J Williams SC/J E Taylor (Plaintiff) I Ahmed SC (Bidder)