In the matter of Westfield Holdings Limited & ors; In the matter of RE1 Limited (ABN 80 145 743 862) and RE2 Limited as responsible entities for Westfield Retail Trust 1 and Westfield Retail Trust 2 [2014] NSWSC 158

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Westfield Holdings Limited & ors; In the matter of RE1 Limited (ABN 80 145 743 862) and RE2 Limited as responsible entities for Westfield Retail Trust 1 and Westfield Retail Trust 2 [2014] NSWSC 158 Hearing dates: Friday, 11 April 2014 Decision date: 11 April 2014 Jurisdiction: Equity Division - Corporations List Before: Brereton J Decision: Plaintiffs would be justified in convening a meeting of security holders Catchwords: CORPORATIONS - reconstructions and schemes of arrangement - application to convene meeting of shareholders CORPORATIONS - managed investments - responsible entity - trust scheme of arrangement - application for judicial advice Legislation Cited: (CTH) Corporations Act 2001, s 411, s 601GC (NSW) Trustee Act 1925, s 63 Cases Cited: Re Westfield Holdings Ltd (2004) 49 ACSR 734 Category: Interlocutory applications Parties: 2014/94612 Westfield Holdings Limited (first plaintiff) Westfield Management Limited as responsible entity of the Westfield Trust (second plaintiff) Westfield America Management Limited as responsible entity of the Westfield America Trust (third plaintiff) 2014/110824 RE1 Limited as responsible entity for Westfield Retail Trust 1 (first plaintiff) RE2 Limited as responsible entity for Westfield Retail Trust 2 (second plaintiff) Westfield Holdings Ltd Representation: Counsel: I Jackman SC with DFC Thomas (plaintiffs in 14/94612) N Hutley SC with JA Arnott (plaintiffs in 14/110824) Solicitors: King & Wood Mallesons (plaintiffs in 14/94612) Ashurst (plaintiffs in 14/110824) File Number(s): 2014/94612 2014/110824