find the latest legal job
Corporate/Commercial Lawyers (2-5 years PAE)
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Specialist commercial law firm · Long-term career progression
View details
Graduate Lawyer / Up to 1.5 yr PAE Lawyer
Category: Personal Injury Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Mentoring Opportunity in Regional QLD · Personal Injury Law
View details
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Full time · Join a leading Adelaide commercial law firm
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Sydney NSW
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Melbourne VIC
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
Let’s be friends

Let’s be friends

The settlement between the management of the Hyatt resort at Coolum and Clive Palmer provided for some great comedy moments.

As an avid reader of all forms of communication, Folklaw sees some absolute doozies with regard to press releases.

The law firm gushing about its diversity policy after a female partner appointment lifts the firm’s female partner ratio above 10 per cent, and the corporate speak involving “key stakeholders” and “synergies”, regularly has Folklaw quietly shaking its head in amazement.

However, for sheer historical revisionism, the joint statement put by Hyatt Australia Limited and Coeur de Lion Investments (CDLI) Pty Ltd makes for remarkable reading.

After the bitter dispute between Hyatt management and Clive Palmer (pictured), whose CDLI owns the resort, was settled last week (Palmer attempted to sack the Hyatt management at Coolum in February), Hyatt and CDLI released a joint statement that seemed to indicate that both parties were bosom buddies, rather than adversaries in a heated litigation battle.

In the statement Palmer gushed that the “Hyatt chain has a long and illustrious record of satisfying owners of many resorts worldwide. The excellent standard of service to guests at Coolum stands as a fine example of what the Hyatt group can deliver.”

If the service at Coolum was “excellent”, Clive, why did you want to sack them?

In corporate speak, there seems to be a “disconnect” between Clive’s statements above and previous comments.

In February, the Sunshine Coast Daily reported that Palmer had accused Hyatt management of a financial cover up with regard to the management of its resort at Coolum.

“We believe Hyatt has been syphoning funds over the years back to their headquarters in Chicago and there has been a major cover up of these activities,” he said.

Just warming up, the mining billionaire also accused Hyatt management of being more interested in increasing turnover than generating a profit, and that during Hyatt’s tenure as the resort’s managers, they had accrued “millions of dollars in losses to the owners”.

Wow, tell us what you really think Clive!

Those comments do seem a little incongruous with the management having “a long and illustrious record of satisfying owners”, which was an apparently heartfelt sentiment he expressed a little over one month later in the settlement agreement.

With Hyatt and big Clive now all lovey-dovey, Palmer is once more free to shed light on the Greens and CIA conspiracy (now that is a strange coupling) to wreck the Australian coal industry, bring down the Government – which dared to introduce a tax on Palmer making billions from extracting stuff from the ground – and launch a new football league competition.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Let’s be friends
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Dec 18 2017
Summer in the city
Across Australia, a number of law students have kicked off their commercial law aspirations with the...
Dec 18 2017
‘Exorbitant legal fees’ under government microscope
With the growing number of class action proceedings in Australia, the government is looking at how ...
Funds, money, cash
Dec 18 2017
Law Access WA receives welcome funding
Law Access Western Australia has received a grant from the state government to fund its pro bono leg...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...