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Insurer Bond & Credit Company fires cross-claims at Greensill
Insurance 2022-12-20 2:58 pm By Cindy Cameronne

Insurer Bond & Credit Company is seeking to join Greensill Group to three lawsuits over the financing firm’s $1.7 billion collapse in March 2020, while […]

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IAG agent at heart of controversial Greensill funding wins more time for defence
Insurance 2022-08-10 2:09 pm By Cindy Cameronne

Fired underwriter Greg Brereton has been granted an extension to respond to lawsuits targeting Insurance Australia Group over trade credit policies covering $4.6 billion in […]

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IAG investigates underwriter accused of issuing unauthorised Greensill policy
Insurance 2022-04-07 9:53 pm By Miklos Bolza

Insurance Australia Group is investigating the underwriter behind an allegedly unauthorised trade credit policy issued to Greensill Capital, according to a defence by the insurer […]

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Credit Suisse fund launches $43M lawsuit against IAG over Greensill debt
Insurance 2022-02-24 1:45 pm By Christine Caulfield

A Credit Suisse supply chain fund that was left heavily exposed with the collapse of Greensill Capital alleges Insurance Australia Group owes $43 million under […]

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IAG says underwriter had no authority to issue Greensill Bank trade credit policy
Restructuring & Insolvency 2022-02-21 5:21 pm By Christine Caulfield

Insurance Australia Group has denied it owes Greensill Bank $48.5 million under a trade credit policy issued by its agent BCC, saying the underwriter was […]

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Greensill Bank says IAG unit owes $48.5M under trade credit policy
Restructuring & Insolvency 2021-11-24 10:15 pm By Christine Caulfield

The insolvency administrator of Germany-based Greensill Bank AG has launched court proceedings against Insurance Australia Limited seeking US$35 million allegedly owed under a policy indemnifying […]

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Credit Suisse seeks to wind up Whyalla steelworks on back of Greensill collapse
Restructuring & Insolvency 2021-04-07 10:44 am By Miklos Bolza

Global investment bank Credit Suisse has launched legal action in the wake of the collapse of Greensill Capital seeking to wind up two firms helmed […]

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Greensill Capital owes creditors more than $1.75B, faces likely liquidation
Restructuring & Insolvency 2021-03-19 11:27 pm By Christine Caulfield

The Australian unit of Greensill Capital is heading for liquidation owing creditors in excess of $1.75 billion, administrators revealed Friday. The administrators, from Grant Thornton, […]

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Greensill Capital files for insolvency in UK
Restructuring & Insolvency 2021-03-09 9:55 pm By Cindy Cameronne

Greensill Capital UK filed for insolvency in a London court on Monday, less than a week after Credit Suisse cut off four funds worth $12.9 […]

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