Clive Palmer weighs up legal action against liquidator

A special purpose liquidator (SPL) of Queensland Nickel (QNI) admitted she has failed to disclose crucial documents involving QNI’s major creditor Aurizon.

QNI reportedly owed $20 million to Aurizon following the collapse of the Clive Palmer-owned nickel refinery in 2016.

The past three years saw QNI battle an ongoing court case over its debt settlements and compensation arrangements for former workers, until an agreement to settle the lawsuit was reached on Tuesday.

A solicitor for King & Wood Mallesons (KWM), which acted for Aurizon according to Clive Palmer, has “sincerely apologised to the Court and to Clive Palmer” for not disclosing the crucial documents.

She stated in her affidavit to the court that it wasn’t her intention to not provide the documents.

Clive Palmer said it was a “bombshell revelation” that KWM had withheld crucial documents from disclosure.

“If I was aware of the undisclosed document, I would not have given Aurizon a release the day before the document was disclosed to the court from a $1.6 billion claim that was filed against Aurizon in the Supreme Court of Queensland,’’ he said.

“The document itself destroyed the SPL case.

“In my opinion, the partner of KWM responsible for running this case is an obscenity. He has exposed all the partners of KWM, including their partners in China and their global chairman Wang Junfeng in Beijing – a leading member of the Chinese Communist Party – to damages claims from our companies of hundreds of millions of dollars.”

Under the terms of the settlement agreement, the SPL has withdrawn all claims made against Palmer and all defendants.

Palmer is seeking legal advice in respect to an action against KWM over its “breach” of legal obligations to the Court.

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