Original article by Sarah Elks
The Australian – Page: 5 : 3-Feb-16

Lawyers representing the administrators of Queensland Nickel may order legal action against China-based CITIC to be discontinued, due to concerns about the likely cost of further litigation. The Clive Palmer-backed company launched a $A137.5m civil damages claim against CITIC in 2015, although most of the legal action by Palmer against the Chinese group is being undertaken via Mineralogy. Queensland Nickel’s administrators may also seek to settle litigation over an alleged breach of environmental laws in order to avoid further legal costs.

CORPORATES
QUEENSLAND NICKEL PTY LTD, CITIC LIMITED, MINERALOGY PTY LTD, FTI CONSULTING PTY LTD, SUPREME COURT OF WESTERN AUSTRALIA, SINO IRON PTY LTD, SUPREME COURT OF QUEENSLAND, QUEENSLAND. DEPT OF ENVIRONMENT AND RESOURCE MANAGEMENT, TOWNSVILLE MAGISTRATE’S COURT