Clive Palmer sued for $200m over collapse of Queensland Nickel

HE ALLEGEDLY refused the paperwork last week, but Clive Palmer has finally been served a $200 million lawsuit over the collapse of Queensland Nickel.

Clive Palmer outside the Planning and Environment Court in Brisbane last Friday.

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CLIVE Palmer has finally been served with a multimillion-dollar lawsuit over the collapse of Queensland Nickel.

Last Friday, government-appointed liquidators PPB Advisory alleged he refused to be served at his CBD office with paperwork for the litigation, which aims to claw back more than $200 million in debts as well as compensation for alleged insolvent trading and breaching directors’ duties.

But Mr Palmer was served today as he was leaving the car park of his business office in Brisbane.

“Mr Palmer has finally been served following a number of unsuccessful attempts, and this will allow the SPLs to bring proceedings before the court,” liquidator Stephen Parbery said.

“Effecting service is an important step in providing Mr Palmer with an official forum to defend the claims against him.”

The Courier-Mail revealed earlier this month that the Federal Government is suing Mr Palmer and his missing nephew Clive Mensink for almost $500 million for allegedly breaching their duties as directors of Queensland Nickel and trading while insolvent.

The sensational claim was lodged in the Supreme Court by the government-appointed liquidators, and also includes a bid to claw back hundreds of millions of Queensland Nickel’s money from Mr Palmer’s companies, Mr Mensink and two mystery women in Kyrgyzstan and Hong Kong.

It is the Government’s boldest move yet against the beleaguered resources tycoon, and is the culmination of more than a year of public hearings into the collapse of Queensland Nickel last January with more than $300 million in debts and about 800 job losses.