Clive Palmers Mineralogy has been ordered to pay a $22m bill owed to a Singapore-based exploration company.
BGP Geoexplorer carried out survey work in the Gulf of Papua for Palmer Petroleum, which went into liquidation in July 2016.
Mineralogy last month claimed in a Brisbane supreme court trial it was not obliged to pay BGP Geoexplorer the debt because it had breached its contract with Palmer Petroleum relating to scope of the work
On Monday Justice David Jackson dismissed the claim and ordered Palmers company to pay the US$17.6m bill.
Jackson also rejected Palmers lawyers application to stay the order for seven days.
Palmer was not in court for the judgment.
Read the full article at: https://www.theguardian.com/australia-news/2017/oct/09/clive-palmers-company-mineralogy-ordered-to-pay-22m-bill
