For­mer re­sort chief su­ing for $4,682,812

Central and North Burnett Times - - NATIONAL & WORLD NEWS -

THE for­mer man­ager of a Sun­shine Coast re­sort is su­ing for­mer boss Clive Palmer for $4,682,812 and seek­ing to have his “sham” con­tract set aside.

Failed Fisher can­di­date Bill Schoch, who ran Palmer Coolum Re­sort un­til his con­tract was ter­mi­nated on De­cem­ber 1 last year, ar­gued the con­tract was void be­cause of Mr Palmer’s al­legedly “mis­lead­ing and de­cep­tive con­duct”.

In documents ten­dered to the Bris­bane Supreme Court, Mr Schoch said his em­ploy­ment con­tract was re­duced from $1 mil­lion a year – con­tin­gent on com­plet­ing par­tic­u­lar tasks – to $150,000 a year fixed, and a five-year fixed term dis­ap­peared.

Mr Schoch, through the documents, said the ef­fected changes to the em­ploy­ment re­la­tion­ship could not be de­scribed as ad­min­is­tra­tive as Mr Palmer, Federal Mem­ber for Fair­fax, al­legedly made out.

Mr Palmer has in­di­cated he will fight the suit.

He said the case was the con­se­quence of hav­ing $1 bil­lion and hold­ing the bal­ance of power in the Se­nate.

“People like to have a shot at you. I get that all the time,” he said.

Mr Schoch said his tasks in­cluded ne­go­ti­at­ing the China First Coal project for Waratah Coal and work­ing on eq­uity cap­i­tal money in, or out­right sale, in the multi-bil­lion dol­lar range for the Galilee Basin coal ten­e­ments with BHP Bili­ton, China Shen­hua En­ergy and QR Na­tional.


NOT HAPPY: For­mer Sun­shine Coast re­sort man­ager Bill Schoch (right) is su­ing for­mer boss Clive Palmer for $4,682,812.

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