In the matter of Mason Stevens Group Limited [2025] NSWSC 84

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Mason Stevens Group Limited [2025] NSWSC 84 Hearing dates: 13 February 2025 Date of orders: 13 February 2025 Decision date: 20 February 2025 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: - Supreme Court Corporations Rules 1999 (NSW) - Corporations Act 2001 (Cth), ss 411, 1319 Cases Cited: - Australian Securities Commission v Marlborough Gold Mines Ltd (1993) 177 CLR 485; [1993] HCA 15 - F T Eastment & Sons Pty Ltd v Metal Roof Decking Supplies Pty Ltd (1977) 3 ACLR 69 - First Pacific Advisors LLC v Boart Longyear Ltd (2017) 121 ACSR 136; [2017] NSWCA 116 - Re Absolute Equity Performance Fund Ltd [2022] FCA 933 - Re APM Human Services International Ltd [2024] NSWSC 1095 - Re Arthur Yates & Co Ltd (2001) 36 ACSR 758; [2001] NSWSC 40 - Re Asaleo Care Ltd [2021] FCA 406 - Re Bionomics Ltd [2024] NSWSC 1440 - Re Citadel Group Ltd (2020) 148 ACSR 598; [2020] FCA 1580 - Re CSR Ltd (2010) 183 FCR 358; [2010] FCAFC 34 - Re DWS Ltd (2020) 148 ACSR 616; [2020] FCA 1590 - Re Ellerston Global Investments Ltd [2020] NSWSC 879 - Re Excelsior Gold Ltd [2018] FCA 2064 - Re Foundation Healthcare Ltd (2002) 42 ACSR 252; [2002] FCA 742 - Re Healthscope Ltd (2019) 139 ACSR 608; [2019] FCA 542 - Re Hills Motorway Ltd (2002) 43 ACSR 101; [2002] NSWSC 897 - Re InvoCare Ltd [2023] NSWSC 1180 - Re Isentia Group Ltd [2021] NSWSC 910 - Re Kidman Resource Ltd (2019) 139 ACSR 112; [2019] FCA 1226 - Re Legend Corporation Ltd [2019] FCA 1249 - Re McGrath Ltd [2024] NSWSC 555 - Re Origin Energy Ltd [2023] NSWSC 1246 - Re Orion Telecommunications Limited [2007] FCA 1389 - Re Pacific Smiles Group Ltd [2024] NSWSC 812 - Re Staging Connections Group Ltd [2015] FCA 1012 - Re Sunland Group Ltd [2024] NSWSC 1591 - Re TPG Telecom Ltd [2020] NSWSC 772 - Re Villa World Ltd (2019) 139 ACSR 550; [2019] NSWSC 1207 - Re Vocus Group Ltd [2021] NSWSC 630 - Re Wridgways Australia Ltd [2010] FCA 1187 Category: Principal judgment Parties: Mason Stevens Group Limited (Plaintiff) Representation: Counsel: Mr I Ahmed SC (Plaintiff) Ms TL Wong SC (Bidder)