In the matter of ERM Power Limited [2019] NSWSC 1672

Supreme Court New South Wales

Medium Neutral Citation: In the matter of ERM Power Limited [2019] NSWSC 1672 Hearing dates: 12 November 2019 Date of orders: 12 November 2019 Decision date: 28 November 2019 Jurisdiction: Equity - Corporations List Before: Black J Decision: Orders made approving the scheme of arrangement. Catchwords: CORPORATIONS – arrangements and reconstructions – schemes of arrangement or compromise – application for orders approving scheme of arrangement – where formal requirements satisfied – whether scheme of arrangement should be approved. Legislation Cited: - Corporations Act 2001 (Cth) ss 411, 411(4)(a)(ii)(A), 411(4)(a)(ii)(B), 411(4)(b), 411(6), 411(11), 411(12), 411(17)(b), 1319 Cases Cited: - Re Alabama, New Orleans, Texas and Pacific Junction Railway Co [1891] 1 Ch 213 - Re Anaconda Nickel Holdings Pty Ltd (2003) 44 ACSR 229 - Re Central Pacific Minerals NL [2002] FCA 239 - Re David Jones Limited (No 3) [2014] FCA 753 - Re ERM Power Limited [2019] NSWSC 1502 - Re GBST Holdings Limited [2019] NSWSC 1503 - Re Medical Australia Ltd (No 2) [2017] FCA 1429 - Re Permanent Trustee Co Ltd (2002) 43 ACSR 601 - Re Seven Network Ltd (No 3) [2010] FCA 400 - Re Signature Capital Investments Limited (No 2) [2016] FCA 385 - Re Solution 6 Holdings Ltd (2004) 50 ACSR 113 - Re Toll Holdings Ltd (No 2) [2015] VSC 236 Category: Principal judgment Parties: ERM Power Limited (Plaintiff) Shell Energy Australia Pty Limited (Interested Party) Representation: Counsel: P M Wood (Plaintiff) G J Ahern (Interested Party)