Business
Greensill companies pitted against each other in claims war – The Australian Financial Review
Greensill Capital’s Australian administrators will try to recover hundreds of millions of dollars for its family-owned parent group in Queensland.
The Australian parent company, which is controlled by Greensill founder and chief executive Lex Greensill, is a creditor in the UK administration process and is understood to be owed hundreds of millions of dollars. Mr Greensill is also a director of Greensill Capital UK.
Grant Thornton has told the Australian Securities and Investments Commission (ASIC) that Credit Suisse Asset Management, which held invoices arranged by Greensill in its supply chain finance funds, has security over some of the…
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