Clive Palmer at an earlier court appearance.
Clive Palmer at an earlier court appearance.

Clive Palmer in bid to stop $210m debt claim

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 Federal Court claim was lodged while Mr Palmer was enjoying his luxury cruise last month, and seeks 13 determinations including that the call notice for QNI Resources and QNI Metals to pay $210 million be declared "null and void".

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.

Read more at The Courier Mail

News Corp Australia


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