Clive's Disaster Central report:   Source Courier Mail

Palmer Coolum Resort villa owners sense victory may be near
January 20, 2016 1:00am
JOHN McCARTHYThe Courier-Mail

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THE five-star siege at Clive Palmer’s Coolum resort is heading to a showdown as villa owners living without power and water claim they have victory in their sights.


Mr Palmer’s latest bid in the four-year fight is to wrest control of the body corporate that manages the estate and rid it of residents he has dubbed “squatters’’ and “nuisances’’, including its chairman Chris Shannon.

ESCALATION: Palmer closes gates to Palmer Coolum Resort’s golf course

Mr Palmer’s resolution for an extraordinary general meeting on February 8 is to install his wife, Anna, as body corporate chairwoman and his daughter Emily as treasurer.


Palmer Coolum Resort's only resident Maree Frecklington lives with no electricity, using candlelight and cooking by gas.

The squatters can only refer to Maree Frecklington, who is the last holdout at her part-owned villa in the tennis court estate.

She lives in the dark after Mr Palmer’s company pulled the plug on utilities over a payment dispute. There is no rubbish removal, no power and, for a while, there was no water. “I don’t give up. I never have,’’ Ms Frecklington, 69, said.

cods wrote on Jan 20^th, 2016 at 5:47pm:


Agreed, Cods!!!

red baron wrote on Jan 20^th, 2016 at 5:36pm:


I do not know what the legal position is.  No-one other than the parties involved will have even the slightest idea.  I know Clive owns the place so....it is his to do what he wants with, just like you Mr Baron are free to do what you like with your Castle, even turn off the water taps in the Guest bedroom.

http://www.smh.com.au/business/mining-and-resources/clive-palmers-queensland-nic...

Clive Palmer's Queensland Nickel will require a capital injection of "tens of millions of dollars" to avoid liquidation unless there is a rapid improvement in the price of nickel, a joint administrator of the company said on Friday.
The disclosure came as it emerged that the total debts of the company could exceed $110 million, with between $70-80 million owed to creditors and $30.8 million currently owed to employees, of which $16 million is owed to staff who were sacked this month.
However Ben Swan, Queensland secretary of the Australian Workers Union, said if the company went into liquidation then the range of outstanding commitments to employees would soar to between $65 to $70 million. "So the scale of this is just gargantuan" he told Fairfax Media after the initial creditor's meeting held on Friday morning in Townsville.


Read more:


and thats the good news...


Mr Swan, who has been appointed to the creditor's committee, said the mood at the two and a half hour meeting on Friday was professional and "courteous" but that proxies for Clive Palmer and his wife Anna had got short shrift when they attempted to get the couple onto the creditor's committee.
"The meeting overwhelmingly said 'get stuffed' and voted accordingly, so he [Palmer] is not Mr Popularity," Mr Swan said.

Aussie wrote on Jan 20^th, 2016 at 5:54pm:



he doesn't own the villas in dispute .

[/url]http://www.afr.com/news/politics/national/clive-palmers-creditors-wait-for-answers-and-their-money-20160129-gmgrbq[/url]


Three days before Queensland Nickel went into voluntary administration, engineer David Marks was sacked with another 237 employees. He had been there about 10 years and is owed 18 weeks' leave. Other staff are owed more than $200,000.

"I went and saw the bank manager yesterday at the Bank of Queensland and I said to him, 'Don't expect any payments soon,'" Mr Marks said. "The bank said I didn't have to pay anything for three months, but I suspect the interest will still accrue."


When Mr Marks, a single father, got home his son said to him that instead of getting a new calculator for his exam he would just buy one off the Gumtree website.

"My son knows the situation I am in and it's tough," he said. "I will probably have to sell my house, but I don't want to because house prices are depressed at the moment and I'll probably drop a lot if I sell."

House prices have been slipping for the past five years; they are down 7 per cent over that time and down 2.7 per cent in the last 12 months. The collapse of one of the biggest employers is going to make that worse.

His situation reflects how Townsville's economy and in some ways regional Queensland is suffering from the downturn in resources prices.


crook you dont seem concerned about any of this????



Quote:





how does a nickel refinery keep working without the nickel???? :

Aussie wrote on Jan 30^th, 2016 at 2:07pm:



red baron wrote on Jan 20^th, 2016 at 5:36pm:

ww.theaustralian.com.au/news/investigations/clive-palmer/clive-palmer-demands-ni...


this is one nasty dude..

Management at Clive Palmer’s Coolum resort issued a Christmas Eve demand for villa owners on the hotel grounds to pay nightly accommodation rates until they have a court document that proves they have a right to be there.

The letter, signed by resort manager Simon Stodart, was sent to the villa owners soon after the Federal Court rejected the federal MP’s bid to lift his voting power within a body-corporate-like entity that controls the properties on Queensland’s Sunshine Coast last week.

The owners, who have withstood attempts by Mr Palmer to take over their villas at a price of his choosing since 2012, have dismissed the letter as an “idle threat”



no one needs to make up stories about this man..

he is capable of doing anything......the lower the better..