Clive Palmer sues Australia for $41.3bn over alleged free trade rule breach

Exclusive: Zeph Investments says commonwealth broke Asean agreement in relation to coal permits

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Clive Palmer’s Zeph Investment’s second case against Australia is a $41.3bn claim that it breached the Asean free trade agreement in relation to coal exploration permits, it has emerged.

The Attorney General’s Department has revealed that since the May budget, when Guardian Australia first reported on the claim, Palmer’s company has formally launched the second investor-state dispute against the commonwealth.

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Law (Australia) | The Guardian