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Clive Palmers lawsuit for $300B compensation


onetrack

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Clive Palmer looks like he's going to lose another of his money-grubbing lawsuits, with his claim that the Australian Govt owes him $300B for the W.A. Govt cancelling his mining lease, against International laws, he claims.

 

However, his case is starting off on a pretty poor footing, with the Solicitor-General slamming Palmer for withdrawing half his list of witnesses, and then stating he won't cross-examine the 5 high-powered expert witnesses the Govt is producing.

 

The S-G is ripping Clive a new one, basically saying his claim is based entirely on Clives unsupported evidence, and the fact that him not wanting to cross-examine the Govt witnesses, leads to a conclusion that in doing so, his case will evaporate like a Trump lawsuit.

 

The case is only going to be heard over 3 days, so it could be a swift end to this money-grubbing exercise of Clives - until he finds another one to bring up, of course.

 

https://www.bilaterals.org/?clive-palmer-s-300bn-claim-absurd

 

Edited by onetrack
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As the Phantom says, "For those who came in late" - here's the background (links below) to Clives gripe that "he wus robbed". The former (Liberal) W.A. Govt (led by Colin Barnett) did not approve Clives "Balmoral South" iron ore mine, because his mining proposal (involving an iron ore mine, a slurry pipeline, a desalination plant, a dredged shipping channel, a conveyor, a trestle jetty, and ship-loading facilities) was judged "manifestly inadequate", and therefore undeserving of any serious consideration.

 

So, suffering serious hurt to his money grubbing aims, Clive set out to sue the W.A. Govt for $30 billion over his (purportedly) major losses from the rejection. The W.A. Labor Govt of Mark McGowan countered with a rather draconian piece of legislation that stopped Clive from launching any lawsuit against the rejection of his mining proposal. So then Clive sued over the anti-lawsuit legislation, claiming it was unconstitutional. 

 

Fortunately, the High Court rejected Clives claim, stating that the W.A. legislation wasn't unconstitutional - so Clive then moved all his company operations to Singapore and now claims that because his company is based in Singapore, the W.A. Govt (and by default, the Federal Govt), in passing the W.A. legislation specifically targeting his company, has infringed on his international legal rights. It will be interesting to see what the famed International Arbitration Court judges come up with.

 

https://www.parliament.wa.gov.au/parliament/pquest.nsf/3f9c0f35f2b504544825718e001105c9/88cde76e87b87fd148257cf6001ebb74?OpenDocument

 

https://theconversation.com/explainer-why-did-the-high-court-rule-against-clive-palmer-and-what-does-the-judgment-mean-169633

 

 

 

 

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Litespeed, Clive actually makes a vast amount of money from the Chinese-owned and operated, Sino-Iron, magnetite mine on the NW Coast of W.A., as Clive owns the leases that are being mined by the Chinese.

 

Clive also owns the land where the magnetite is being shipped out - but he's been in constant dispute with the Chinese over that deal, too.

 

His lawsuits have sometimes been successful - but usually only because they've been settled out of court to get rid of the nuisance. In most cases where his lawsuits have gone right through to final judgement, he's lost.

 

Edited by onetrack
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Yeah, they share all these great personality features......

 

Massive self interest and greed

Litigious to the point of being vexatious litigants

Require a legion of worshipful followers

Prepared to use all their money, and others as well, to get what their personal greed desires

Have dubious morality and ethics when it comes to business and political dealings

Seriously overweight

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