In the matter of Wiggins Island Coal Export Terminal Pty Ltd [2018] NSWSC 1342

Supreme Court New South Wales

Medium Neutral Citation: In the matter of Wiggins Island Coal Export Terminal Pty Ltd [2018] NSWSC 1342 Hearing dates: 15 August 2018 Decision date: 30 August 2018 Jurisdiction: Equity - Corporations List Before: Black J Decision: Orders made convening scheme meetings and approving the scheme booklet for distribution to shareholders. Catchwords: CORPORATIONS – arrangements and reconstructions – schemes of arrangement or compromise – application under s 411 of the Corporations Act 2001 (Cth) for orders convening meetings of members to consider and, if thought fit, approve a proposed scheme of arrangement – whether requirements to order scheme meetings are satisfied. Legislation Cited: - Corporations Act 2001 (Cth) s 411, 412 Cases Cited: - Australian Securities Commission v Marlborough Gold Mines Ltd [1993] HCA 15; (1993) 177 CLR 485 - Centro Properties Ltd v PricewaterhouseCoopers [2011] NSWSC 1465; (2011) 86 ACSR 584 - 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] NSWCA 116; (2017) 121 ACSR 136 - Nicron Resources Ltd v Catto (1992) 8 ACSR 219 - Re Apcoa Parking Holdings GmbH [2015] 4 All ER 572 - Re Atlas Iron Ltd (2016) 112 ACSR 554 - Re BIS Finance Pty Ltd [2017] NSWSC 1713 - Re Boart Longyear Ltd [2017] NSWSC 567 - Re Centrebet International Ltd [2011] FCA 870 - Re CSR Ltd [2010] FCAFC 34; (2010) 183 FCR 358 - Re David Jones Ltd (No 3) [2014] FCA 753 - Re DUET Finance Ltd [2017] NSWSC 415 - Re Foundation Healthcare Ltd [2002] FCA 742; (2002) 42 ACSR 252 - Re Global Garden Products Italy SpA [2016] EWHC 1884 (Ch) - Re HIH Casualty and General Insurance Ltd [2006] NSWSC 485; (2006) 200 FLR 243 - Re Opes Prime Stockbroking Ltd [2009] FCA 813; (2009) 179 FCR 20 - Re SAI Global Ltd [2016] FCA 1312 - Re Seat Pagine Gialle SpA [2012] EWHC 3686 (Ch) - Re Viralytics Ltd [2018] FCA 637 - Sovereign Life Assurance Co v Dodd [1892] 2 QB 573 Category: Principal judgment Parties: Wiggins Island Coal Export Terminal Pty Ltd (Plaintiff) Representation: Counsel: J Lockhart SC/M Izzo (Plaintiff) J R Williams (Senior Financiers)