Clive Palmer's company Mineralogy has been ordered to pay $102 million over the collapse of Queensland Nickel by the state's Court of Appeal.Last year, Mr Palmer's lawyers had successfully argued in the Supreme Court that $102,844,346 sought by the liquidators represented loans from joint venture companies and therefore did not belong to QNI.
But today, the Court of Appeal upheld QNI's liquidators' case, arguing that these transactions had in fact been loans from QNI to Mineralogy and not the joint venture companies. The judgment stated that some of the proof that the loans were between the two companies could be found in emails about certain transactions including a "loan balance report" that included a "response from Mr Palmer's email alias account saying: "No limit, clive".
Mineralogy and the liquidators have until July 16 to make submissions about interest due on the amount and the costs of the proceedings.
Suck it up princess. Lets hope he now dissappears into a distant memory.
Perfect
Finally! A little justice against this greedy git!
Clive Palmer needs to be also legally held to account for his dangerous peddling of vaccine disinformation
Good.
Nice bit of news.... couldn't have happened to a more deserving bastard..
AllegedRapistChristianPorter would claim that as a win!
Well that made my Friday.
That will make the gat bastard lose some weight from his account at least.
FeathersMcGee That’s $102m he won’t have to spend on bullshit election ads next election.
Suck it schnitzel king
Hahahahaha*gasp*hahahahaha
Clive’s innocent, the workers are guilty. Ask him.
And this'gentleman' has put his name to a pamphlet titled 'URGENT COMMUNICATION'that landed in my letterbox today. A farrago of lies and half truths about covid 19 vaccines. Please Clive, visit USA SOON. See how you go. I assume you are not vaccinated.
Good year for Clive....'s lawyers 😁
Haha, about time to
He may have to redeploy the oxygen tank.
ItsBouquet Good luck with that
We'll expect less propaganda in the letterbox then shall we Clive🤬
Bulk Hydrochloquine going cheap...
Is this the best 'GOOD LUCK ' story today!! Good luck getting the money off the FAT P......K though!!🤔🤣😂🤣😂👋👍
Could not happen to a more deserving person
Well that’s good news
Should have been way more. Disgrace.
Perhaps he could spend more time on running his dodgy businesses rather than spreading misinformation about other things he knows NOTHING about!
Clive will appeal...
The question on everyone's lips... Will it stop the mongrel from sending his f**cking anti-vax junk mail and spam to everyone?!
Happy friday
Awesome.