CORPORATIONS – application for compulsory acquisition of residual ordinary shares of Carawine Resources Limited – where the applicant is the “90% holder” of the relevant class of securities – where the applicant’s compliance with Division 1 of Part 6A.2 of the Corporations Act 2001 (Cth) (the Act) is irregular in part – whether appropriate to remediate such irregularities pursuant to s 1322 of the Act – where the applicant lodged a compulsory acquisition notice with the Australian Securities & Investments Commission on 21 March 2024 – where the notice relies upon the opinion expressed in an expert’s report dated 26 February 2024 – whether expert’s report inconsistent with the Act or otherwise deficient – whether applicant has established that the terms set out in the compulsory acquisition notice give a “fair value” for the relevant securities – application granted – costs reserved
Recent cases about acquisitions
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First Class Securities Limited v Global Future Holdings Pty Ltd (Freezing Orders) [2026] FCA 48
PRACTICE AND PROCEDURE – application for freezing orders pursuant to r 7.32 of the Federal Court Rules 2011 (Cth) – where ex parte freezing orders and asset disclosure orders have been made against the respondents – whether applicant has established good arguable case, risk of undermining the Court’s processes – whether balance of convenience favours…
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Angelis v CP Pty Ltd [2026] FCA 49
CORPORATIONS – interlocutory application under s 280 of the Personal Properties Securities Act 2009 (Cth) (PPSA) for order requiring provision of a complete and correct response – where applicant made request for information relating to security interest pursuant to s 275 of the PPSA – where response given varied from other correspondence – whether response…
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Chambers v Broadway Homes Pty Ltd (No 2) [2026] FCA 28
INDUSTRIAL LAW – general protections claim – adverse action – alleged underpayment – entitlement to reasonable remuneration for duties performed – entitlement to reasonable notice of termination – alleged termination for exercising or proposal to exercise workplace rights -proceeding commenced in the Fair Work Commission in same month as termination – concession by respondents that…
