The Queensland Nickel collapse will move into a new and more dangerous phase for mining entrepreneur Clive Palmer on Friday when creditors vote to put the company into liquidation.
There are no deeds of company arrangement on the table so that means that the winding up of the company is inevitable.
But this is no ordinary liquidation. It is likely that there will be court approval for two liquidators to realise assets and distribute them to creditors.
What should worry P…
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