26 Sept 2011
CAVOTEC MSL HOLDINGS LIMITED HC AK CIV 2011-404-3891
- Citation
- openlaw-daeccb5f_3176_4a81_a795_1af7a05f77bb.pdf
- Court
- High Court
Court approved the scheme because applicants complied with statutory requirements and prior directions, shareholders received adequate information and voted in favour by the requisite majority (92.61%), the scheme was fairly presented and likely to be approved by an intelligent and honest business person, creditors were unaffected by the restructuring, and listing approval had been obtained from NASDAQ OMX Stockholm.