Australia uncategorized

Re Opes Prime Stockbroking Ltd

[2009] FCA 813 (related (No 2) decision reported (2009) 258 ALR 362)

JurisdictionAustralia

CourtFederal Court of Australia

Year2009

StatusPersuasive authority

Key Principle

A scheme of arrangement under s 411 may validly include releases of creditors' claims against third parties where there is a sufficient nexus between the release and the relationship between the releasing creditor and the scheme company.

Area of Law

Related Cases

Sandell v Porter [1966] HCA 28; (1966) 115 CLR 666

Australian Securities and Investments Commission v Bekier (Liability Judgment) [2026] FCA 196

Hopper & Anor v State of Victoria [2026] HCA 11

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