The Gold Coast Bulletin

Palmer launches bid to stop debt claim

- MELANIE PETRINEC

CLIVE Palmer wants a court to declare that the conduct of Queensland Nickel’s liquidator­s is “unconscion­able”, as he tries to avoid an alleged $210 million debt.

The former politician’s companies QNI Resources and QNI Metals have filed a claim in the Federal Court asking for it to void a call notice issued by the government-appointed liquidator­s for the alleged debt last month.

The $210 million represents almost two-thirds of the $350 million that liquidator­s allege Mr Palmer’s businesses owe QN, which collapsed last January with a $300 million creditor bill and 800 job losses.

The new claim was lodged while Mr Palmer was enjoying his luxury cruise last month.

A declaratio­n is also sought that the liquidator­s “have acted in excess of legitimate power they have as liquidator­s of Queensland Nickel” and that their conduct is “unconscion­able” under Australian Consumer Law.

It is alleged Mr Palmer’s companies have been prevented from reopening the Yabulu refinery due to the conduct of the liquidator­s. The case will be mentioned in court for the first time next Thursday.

Liquidator­s PPB Advisory launched a multi-million-dollar Supreme Court claim last month against Mr Palmer, nephew Clive Mensink, his father-inlaw, two mystery women and various companies he owns.

 ??  ?? Clive Palmer.
Clive Palmer.

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